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Dogecoin founder Shibetoshi Nakamoto has publicly challenged U.S. Senator Elizabeth Warren’s anti-crypto stance. Tesla CEO Elon Musk expressed his agreement, adding weight to Nakamoto's remarks.
DOGE founder calls out senators for anti-crypto stance
Speaking on Squawk Newsmaker, Warren publicly announced her anti-crypto stance, pointing out the potential threats of leveraging digital currencies for nefarious purposes.
"There's a new threat, it's cryptocurrency, it's being used for terrorist financing, it's being used for drug trafficking. North Korea is using it to pay for about half of its nuclear weapons program. We can't let this," Warren said. This situation continues.”

U.S. Senator Elizabeth Warren (D-MA) recently called on the Federal Reserve to lower its interest rate target, a move that most analysts believe could have a positive impact on the cryptocurrency market. Warren's request is somewhat consistent with the position of cryptocurrency investors, although she has repeatedly proposed legislation and regulatory measures aimed at restricting the cryptocurrency industry in the past.
Senator Warren's change of position is somewhat ironic, as she has been critical of the cryptocurrency industry in the past and has tried to suppress its development through increased legislation and reporting requirements. However, her call for a rate cut could be a boon to the cryptocurrency market, as lower interest rates typically increase market liquidity, which could drive up cryptocurrency prices.