Warren Unveils Framework for Regulating Crypto Industry and Shutting Down Trump’s Corruption
As the U.S. House prepares to vote on the latest proposal claiming to regulate the cryptocurrency industry—one that critics say is actually a “cash grab” that will harm consumers—Sen. Elizabeth Warren on Wednesday took the opportunity of a hearing on digital assets to outline her five main priorities for any legislation aimed at regulating crypto.
Along with protecting consumers within the crypto market, she said, Congress must pass legislation that safeguards the country from public officials—including President Donald Trump—who want to personally profit from the burgeoning industry.
Those priorities haven’t been addressed, she suggested, in proposals like the Guiding and Establishing National Innovation for U.S. Stablecoins…
