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Elizabeth Warren Criticizes Crypto Legislation, Echoes Iran Expert’s Warning That Bill Is a ‘Ticket to Sanctions Evasion’

Elizabeth Warren Criticizes Crypto Legislation, Echoes Iran Expert’s Warning That Bill Is a ‘Ticket to Sanctions Evasion’

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Sen. Elizabeth Warren (D-Mass.) expressed concerns over the Clarity Act on Wednesday, describing it as a potential loophole that could enable sanctions evasion.

Scrutiny Over Crypto Bill

Warren cited a Fortune op-ed by sanctions policy expert Richard Nephew, who previously served as Director for Iranian affairs at the National Security Council.

“As currently drafted, the Clarity Act is a ticket to sanctions evasion,” the senior lawmaker repeated the headline.

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In the piece, he argues that the bill, in its current form, would remove many of the “standard…

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