White House Attention Gets Drawn to Silvergate's Crypto Fallout
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n Monday, White House Press Secretary Karine Jean-Pierre told reporters that Biden’s administration was “clearly aware of the situation”, adding that the White House was closely monitoring Silvergate.
“I won’t comment on Silvergate specifically but it is obviously only the latest company in the cryptocurrency field to experience significant issues in recent weeks.
She went on to note that the president that had repeatedly called on Congress to take action to protect Americans from the risk posed by digital assets, stating that he would continue to do so
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