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"I think it's time for us to go in that direction," the Democratic senator told NBC in an interview that aired Thursday night.
U.S. Senator Elizabeth Warren (D-Mass.) said it was time for the United States to create its own central bank digital currency (CBDC). Warren addressed NBC's Chuck Todd on "Meet the Press Reports" which aired Thursday night.
"As we know, the bank has made a lot of mistakes and we can improve that with the digital sector. But with that situation, let's create a central digital currency, it's time for us to go in that direction."
Responding to a question about whether bitcoin (BTC) could be regulated as a minimum as a commodity, Elizabeth Warren replied: "I think it will eventually be subject to regulation," she took out the 2007 multinational financial crisis as an authentic illustration. However, she did not talk about the forms of management or regulations.
In March, Warren announced a bill that would prevent cryptocurrency companies from doing business with companies that are under sanctions. The digital asset sanctions strengthening law was presented to senators, allowing the U.S. president to add out-of-state-based cryptocurrency companies to the sanctions list when there are signs of supporting individuals and organizations to evade sanctions.
In response to the question "whether cryptocurrencies are the real estate bubble of the decade," Warren replied: "The entire digital world is inherently like a bubble. So what does it rely on to go up? This fact is based on the fact that people are passing on the potential of cryptocurrencies in the future and the same thing happens with real estate. People say to each other many times: Real estate prices always go up and never go down. They said this before the real estate bubble burst a century ago. They say from the 2000s and the events that took place in 2008"
Read more: The Bank of Japan officially calls on G7 countries to apply general regulations on cryptocurrencies
