Former Secretarial assistant of State Hillary Clinton has said that cryptocurrency markets demand stronger regulations to protect against technological manipulation by Russia, China and others.

Her comments on cryptocurrency were part of a larger segment in a Wednesday interview with MSNBC Television receiver news host Rachel Maddow on the manipulation of social media platforms past certain nations.

Clinton's warning extended to "engineering science of all kinds," which she said states and not-land entities could utilize to destabilize countries and the dollar as the reserve currency of the world. She said, "At that place'south one other thing that'south on the horizon, which people are only beginning to pay attention to, and that's the need to regulate the cryptocurrency marketplace."

"Imagine the combination of social media, the amassing of even larger sums of money through the control of certain cryptocurrency bondage," she said.

"We're looking at non just states such as China, Russia, or others manipulating engineering science of all kinds to their advantage. We're looking at not-country actors, either in concert with states or on their own destabilizing countries, destabilizing the dollar every bit the reserve currency."

A particular focus she had was on how social media platforms, which accept been used to influence elections through disinformation, could be combined with the cryptocurrency markets in a fashion to help state and non-state actors destabilize other countries. Although she didn't go into detail, potential ways this might occur could exist via manipulating markets, manufacturing hype, or even engineering science a fiscal crash through social media troll farms.

In recent years, nations accept used or publicly considered using cryptocurrency to become around economic sanctions from the The states.

Most notably, North Korea has used cryptocurrency to fund the nuclear weapons programme. The country has used privacy coins and various other methods to avoid detection, as well.

Related: Digital currencies won't impact US sanctions, Treasury exec says

The Iranian government has also come out publicly in favor of cryptocurrencies. In early 2022, Saeed Mohammad, commander of the Islamic Revolutionary Guard Corps, called specifically for Islamic republic of iran to use cryptocurrency to circumvent sanctions.

In recent weeks, Clinton has spoken out against the problems cryptocurrency tin pose for the U.S. dollar'south global dominance. She said at the Bloomberg New Economy Forum in Singapore on Fri that while cryptocurrencies are an "interesting" engineering science, they tin can accept negative effects on the United States and other countries "peradventure starting with small ones simply going much larger."