Hillary Clinton Advocates For Crypto Regulation To Protect Dollar’s World Reserve Status


Hillary Clinton – a former first lady and US secretary of state – recently called on Biden officials to run the crypto markets. He said technology could “be” transformed “by Russia and China, as well as” tarnish “the history of the dollar as a global reserve currency.

Crypto Versus America

Clinton he confirmed his anti-cryptocurrency views in an interview with MSNBC’s Rachel Maddow Wednesday. His comments were part of a larger debate to direct technical companies to protect them from external factors.

After discussions with Google and Apple following a recent follow-up to Russian authorities, Clinton turned to a “dummy”, becoming a crypto market. He expressed concern over the “bigger currencies” collected by Russia or China through the “correction” of other cryptocurrency chains.

However, it is thought that crypto poses a threat that extends beyond countries:

“We are not looking at countries like China or Russia that are developing a globalization of technologies for the benefit of the people. [and] the dollar as a deposit. “

Hillary Clinton. Source: NBC News

Hillary Clinton ran heavily against Donald Trump in the 2016 US election. Although they differ as to polarity, the two agree on the matter. Trump has repeatedly accused Bitcoin of being a “fraud” and he said that it “erases” the history of the dollar around the world.

What Do China and Russia Really Think?

Despite Clinton’s theory, China has shown no support outside of any cryptocurrencies other than the digital yuan. The government banned all miners from leaving its border in May, which they did losing influence at the Bitcoin hash level that once dominated.

However, Russia seems to have adopted the best ideas. Last month, the country’s second finance minister he said that they have no intention of following in the footsteps of China’s enemies.

Meanwhile, Vladimir Putin has a problem identified crypto as an official payment method. In fact, they see it as an alternative to oil prices. As Clinton doubts, this could weaken the dollar.

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