WASHINGTON, March 10 -- Sen. Dick Durbin issued the following press release:
U.S. Senate Democratic Whip Dick Durbin (D-IL) today spoke on the Senate floor to highlight three amendments he filed to the bipartisan 21st Century ROAD to Housing Act that would address the volatility and corruption of the cryptocurrency industry and provide important protections for American taxpayers and consumers. Specifically, Durbin's amendments would crack down on crypto ATM fraud, prevent crypto companies from receiving a taxpayer-funded bailout, and make it explicitly clear that the Social Security Trust Funds cannot currently, and can never, invest in crypto. Durbin has continuously urged his colleagues to implement guardrails to the crypto market so th...