“The problems of the few should not drive the harm of many,” Sens. Bill Hagerty (R-Tenn.), Mike Crapo (R-Idaho), Thom Tillis (R-N.C.) and Steve Daines (R-Mont.) said, noting that revelations of Bernie Madoff’s Ponzi scheme didn’t lead to banks cutting off other asset managers. “Regulators should not be punishing an entire industry.”
Banks Shouldn’t ‘Punish’ Crypto Industry, Republican Senators Urge
