Elizabeth Warren · CLARITY Act · Democrats · US Senate · The Block
Elizabeth Warren says she wants a crypto bill, but the Clarity Act just isn’t it
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Elizabeth Warren, who has repeatedly called for stronger cryptocurrency legislation to combat illicit finance and protect investors, says she remains determined to get a bill signed into law, even if she doesn’t support the current Clarity Act.
Key facts
- The Senate is set to vote on the Clarity Act at 2:15 p.m
- Many Democrats have argued that stricter ethics provisions need to address President Donald T rump's growing crypto wealth, which has grown to hundreds of millions of dollars linked to World Liberty
- The Massachusetts Democrat told reporters Tuesday that the Clarity Act represents Washington’s "first chance for meaningful crypto regulation
- Bettors on the prediction market Kalshi give Democrats a slight edge of taking over the Senate at 52%
Summary
The Massachusetts Democrat told reporters Tuesday that the Clarity Act represents Washington’s "first chance for meaningful crypto regulation. Warren's thoughts on crypto legislation could be pivotal if crypto legislation carries on to the new year. Asked whether she would take the lead on crypto legislation if she leads the Banking Committee, Warren said she would. "The reporter would be happy to sit down with other Democrats, with the Republicans, and with the industry and hammer out a meaningful crypto bill that protects their national security, that protects their economy and that dials back the corruption," she said.