Sherrod Brown, the head of the United States Banking Committee or US Senate, has stated that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) might want to take into account outlawing cryptocurrencies. Brown made his remarks on “Meet the Press” on December 18. However, the senator swiftly clarified that enforcing a ban would be challenging. US Senate Banking Considering Outlawing Cryptocurrencies According to him, the US Senate committee wants them to take the necessary action simultaneously, including maybe outlawing cryptocurrencies, though doing so would be challenging because they would likely move offshore. Brown claimed he shared The post Banking Head of US Senate Indicates Outlawing Cryptocurrencies appeared first on Cryptoknowmics-Crypto News and Media Platform .