Rep. Maxine Waters Intensifies Crypto Criticism Ahead of House Vote
Congresswoman Maxine Waters (D-CA) escalated her opposition to proposed cryptocurrency legislation, labeling the CLARITY Act as a threat to investors and national security. The Digital Asset Market Clarity Act of 2025, now under House debate, faces fierce resistance from Democrats who argue it could enable market exploitation and exacerbate financial instability.
Waters' 'Anti-Crypto Corruption Week' initiative coincides with scrutiny of Donald Trump's cryptocurrency dealings. The press release explicitly ties legislative risks to Trump's personal crypto engagements, framing the debate as both an economic and political battleground.