Alex Mooney actually said...

I do fear that hasty action on the part of regulators could do more harm than good.

Mooney warns against rushed regulatory actions that might backfire.

02/07/2022

More Alex Mooney Quotes

If I am an issuer and I want to create a stablecoin, I technically don't know if I am going to be answering to a State regulator, a Federal ...

I would call upon the subcommittee to think deeply about passing some sort of bill about stablecoins.

This is bad for jobs. It is bad for the strength of the dollar. It is bad for our status as a reserve currency.

Just this morning, before the hearing, I saw news that Russia is exploring legislation to formalize their ability to transact in crypto.