CRAZY: SENATOR WARREN DECLARED WAR ON CRYPTO‼️
Senator Elizabeth Warren sharply criticized the CLARITY Act, arguing that cryptocurrency poses risks to consumers and the financial system while opposing the bill's advancement.
LATEST: 🇺🇸 Franklin Templeton has come out in support of the CLARITY Act, saying the bill would give investors clear protections and tell firms which regulators they answer to.
Democrats don't seem to understand that if Clarity Act is not passed, Trump will continue to profit from crypto.
Yet they keep attacking him for it.
They are a special kind of stupid.
So let me understand, we have no rules to the road the!? The #ClarityAct gives us regulations! But because you are so focus on stopping #Trump you will vote
NO? How does that help? What sense does it make to continue with no rules!?
BREAKING: 🇺🇸 Senate Republicans just released an updated Clarity Act text after stakeholder briefings this morning.
The ethics package, negotiated with the White House and no Democrat sign-off, bans the President, VP, Members of Congress, federal judges and covered officials (plus spouses) from issuing or sponsoring digital assets for compensation while in office through January 20, 2029.
Covered officials must sell crypto holdings or place them in a blind trust.
DOJ gets civil enforcement power, including the ability to sue exchanges that list prohibited tokens.
BRCA and stablecoin yield sections remain unchanged, protecting non-custodial devs, self-custody rights, and barring interest on idle stablecoin balances.
A new law-enforcement section adds funding, training, a cyber center for nation-state threats, and freeze/seize authority for stablecoin issuers.
Bankruptcy rules keep customer assets out of an exchange’s estate.
Ethics remains the primary open issue as bipartisan talks continue.
History will remember this as the moment a president chose a higher standard of ethics than the law required of him. This agreement bans ALL federal officials — including the President — from issuing or sponsoring a digital asset for profit, with real enforcement and real penalties.
Thank you, @POTUS! Let's get the Clarity Act passed NOW.
The Clarity Act could pass this week, and the shift won’t be limited to the banking sector building on the $XRP Ledger:
The media industry is moving in the same direction, and the infrastructure is already built, powered by the BXE token on the XRPL.
BXE could be ready for a major breakout.
Total supply: Only 490M tokens.
BXE token trading link on MEXC:
https://t.co/iLH9YrHvVf
Leaving digital asset rules unsettled has not protected anyone. Instead, it’s left consumers and the industry vulnerable and has pushed innovation, investment, and jobs somewhere with clearer answers.
We both want bad actors held accountable. The difference is I’m working on solutions, you’re shouting into the void hoping the status quo fixes itself.
Sec. 303 enables new crypto sanctions on Iran.
Sec. 305 lets exchanges stop illicit funds before they reach North Korea.
🇺🇸 | BREAKING: CFTC Chair Mike Selig says the CLARITY ACT is SO close.
🗣️ "It's absolutely critical that we have a federal standard for crypto assets."
SpaceX just landed onchain.
The largest IPO in history, tokenized on day one. SPCXon is live on Ondo Global Markets across @solana, @ethereum, and @BNBCHAIN.
For the first time, a trillion-dollar IPO is onchain on the same day it goes public.