🇺🇸 Elizabeth Warren Opposes the CLARITY Act

Elizabeth Warren is expected to strongly criticize the CLARITY Act ahead of Tuesday’s procedural Senate vote
The Democratic senator described the bill’s new ethics provision as a “weak fig leaf,” arguing that it would not go far enough to prevent public officials from benefiting from crypto-related activities.

The bill needs 60 votes to move forward. It aims to clarify the roles of the SEC and the CFTC in regulating digital assets

A favorable vote could strengthen confidence in the U.S. crypto market. Failure could prolong regulatory uncertainty

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