Saule Omarova, President Joe Biden’s Comptroller of the Currency nominee, claimed Thursday bitcoin and digital currencies might undermine national security.
Sen. Cynthia Lummis (R-WY), a pro-cryptocurrency lawmaker, asked Omarova during her Senate Banking Committee nomination hearing if she believed if bitcoin and other digital currencies undermined national security.
Omarova said she worries that digital currencies undermine public policies, including national security.
Lummis asked Omarova, “Do you think that bitcoin undermines national security?”
Omarova said, “I would worry if all of our financial transactions