Why Warren Leading Senate Banking Is Bad News for Crypto
Photo: Crypto News Flash
Elizabeth Warren is the frontrunner to chair the Senate Banking Committee after Democrats won the Senate. The chairmanship would let her subpoena crypto firms and keep industry bills from getting a vote. The CLARITY Act will probably have to start over under terms Warren has already published. Crypto companies seeking bank charters and Trump-linked ventures look like early targets. The crypto industry’s worst-case outcome from the November 3 midterm elections has arrived.
Source: Crypto News Flash
