Elizabeth Warren shares her fears about the bipartisan crypto bill
Happy Tuesday! Here’s your Tuesday Tech Drop, the past week’s top stories from the intersection of tech and politics.
Warren’s dire warning about the crypto bill
On Monday, a bipartisan group of senators approved a major procedural vote to advance a bill that stands to make cryptocurrencies a larger and more official part of the U.S. financial sector. As NBC News reports, the bill “would establish the first regulatory framework for issuers of stablecoins, digital tokens pegged to fiat currencies like the U.S. dollar.”
Sen. Elizabeth Warren’s speech ahead of Monday’s vote on the GENIUS Act was chock-full of the kind of warnings we may look back on as prescient. The senator argued the bill does nothing to “rein in the…
