US EditionPublic money doesn't belong in shady crypto currencies
- New Hampshire lawmakers have placed public funds into strategic crypto reserves as a financial bet on crypto assets.
- This decision follows ongoing systemic problems in the crypto industry, including a 2022 market crash that wiped out $2 trillion in investor funds.
- The crypto industry spent heavily on political campaigns in 2024, securing support for light-touch regulations from many politicians.
- Last year, the FBI received reports of crypto-related financial crimes resulting in losses totaling $9.3 billion, though the actual figure is likely higher as many victims choose not to come forward due to embarrassment.
- Because crypto assets remain highly volatile and risky, states should carefully consider the potential consequences of using public funds for crypto reserves.
37 Articles
37 Articles
Waterloo Cedar Falls Courier
Public money doesn't belong in shady crypto currencies
States should think twice before creating strategic crypto reserves, as New Hampshire has done. That state’s lawmakers have placed a dubious bet using public funds on a shady and risky product. If they lose, so will taxpayers and others.
States should refuse to make risky bets on crypto - Hawaii Tribune-Herald
States should think twice before creating state strategic crypto reserves before following New Hampshire’s lead. That state’s lawmakers have placed a dubious bet using public funds on a shady and risky product. If they lose, so will taxpayers and others.
Who Wins the Elections in Portugal? There's a 'Post' Site Where You've Already Invested Nearly €7 Million in Crypto Money to Try to Figure Out
It is illegal in many countries, such as the United States or France, but it is possible to post thousands of events around the world through the floods of regulation.
Coverage Details
Bias Distribution
- 97% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
