U.S. Senator Elizabeth Warren: CLARITY Act Could Allow Public Companies like Tesla and Meta to Evade U.S. SEC Oversight

By: theblockbeats.news|2025/07/10 01:51:52
0
Share
copy

BlockBeats News, July 10th, according to Cointelegraph's report, U.S. Senator Elizabeth Warren issued a warning that if a bill aiming to regulate the cryptocurrency market becomes law, publicly traded companies may circumvent U.S. securities laws.

During a hearing on cryptocurrency market structure legislation held by the Senate Banking Committee on Wednesday, Warren, serving as a senior member of the committee, stated that she supports digital asset regulation that strengthens the U.S. financial system but raised serious concerns about the "Digital Asset Market Transparency Act" (CLARITY Act) currently under review in the House.

Warren pointed out that this bill may allow "non-crypto companies" to bypass the oversight of the U.S. Securities and Exchange Commission (SEC) through asset tokenization. Under this House bill, publicly traded companies like Meta or Tesla could completely evade SEC regulation simply by putting their stocks on the blockchain.

-- Price

--

You may also like

Best AI Crypto Trading Bot? Inside the AI Trading System That Ranked Top 3 on WEEX

Discover the best AI crypto trading bot on WEEX. Learn how AI trading works, how to trade automatically, and why this system stands out among top AI trading apps.

How to Trade Cryptocurrency Without App Store: Instant Browser Crypto Trading on WEEX

Trade crypto instantly without downloading an app. Use WEEX H5 to access spot and futures trading directly in your browser with fast execution, real-time risk control, and seamless experience across mobile, tablet, and desktop. Supports Bitcoin, Ethereum, and more.

From OKX to Bybit, exchanges are changing tires on the highway at high speed

In the current context of tightening global regulations, if one can directly enter the market with a partner that has already established a compliance system, obtaining federal license endorsement, the credibility of a listed company, and access to banking cooperation channels, the cost is merely gi...

A Brief History and Future of Perpetual Contracts

Decentralized perpetual contract exchanges, such as Hyperliquid, are replacing traditional derivatives with structural advantages, becoming trillion-dollar financial platforms that attract global assets.

AI Agent Gets ID and Wallet on the Same Day | Rewire News Morning Brief

Agent infrastructure for the economy is forming faster than anyone expected

IOSG: Power Flexibility Paradigm Shift: From Macro Assets to Distributed Intelligence Layer

The power system is being asked to perform a task it was not designed to do.

Popular coins

Latest Crypto News

Read more