On the recordDecember 4, 2023
What do your examiners do? Do they value it as a fully secured loan or a completely unsecured loan if it is secured by Bitcoin or Hamster coin, or do you just not know?
Source
congress.govWhat do your examiners do? Do they value it as a fully secured loan or a completely unsecured loan if it is secured by Bitcoin or Hamster coin, or do you just not know?
Sherman inquires about how banks assess loans secured by cryptocurrency.
Share
More from Brad Sherman
Perhaps the worst slogan I have heard in politics is, 'defund the police.' The SEC is the police department of our $100-trillion capital markets.
I predict someone will introduce a resolution of disapproval and I invite members of this committee who have worked with us to prevent nuclear weapons in the Middle East, from non-democratic countries, to join in that effort.