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Crypto Chaos as Elizabeth Warren Warns CLARITY Act Threatens U.S. Economy
Crypto Chaos as Elizabeth Warren Warns CLARITY Act Threatens U.S. Economy
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BTCCSquare news:
Senator Elizabeth Warren has intensified her criticism of the Digital Asset Market Structure Clarity Act (CLARITY Act), warning it could destabilize U.S. financial oversight by allowing NYSE-listed firms to tokenize shares and operate outside SEC jurisdiction. "This would blow up the value of the NYSE," Warren asserted, citing risks if companies like Amazon or Meta opt out of regulatory frameworks.
Despite regulatory uncertainty, cryptocurrency adoption in the U.S. continues to surge, surpassing 55 million users. The debate highlights tensions between innovation and investor protection as corporations explore blockchain-based equity structures.
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