Maxine Waters Slams CLARITY and GENIUS Acts as “Risky Giveaways”
2025-07-15 07:13:31
Main Idea
Congresswoman Maxine Waters criticizes the CLARITY and GENIUS Acts as 'risky giveaways' that could undermine SEC oversight and investor safety, while also highlighting the global implications of U.S. cryptocurrency regulation.
Key Points
1. Maxine Waters opposes the CLARITY Act and GENIUS Act, arguing they could weaken SEC enforcement and endanger investor safety.
2. She specifically targets the GENIUS Act for potentially allowing DeFi platforms to operate with minimal oversight, creating risks for 'bad actors'.
3. The U.S.'s regulatory stance on cryptocurrency is seen as influential globally, shaping the future of crypto markets.
4. Bitcoin's price dropped due to a Satoshi-era whale selling holdings, while Bhutan sold Bitcoin amidst all-time highs.
5. Dogecoin shows a bullish signal similar to its 2020 surge, and XRP is gaining momentum with analysts predicting a breakout.
Description
Congresswoman Maxine Waters has voiced strong opposition to two prominent U.S. cryptocurrency bills, the CLARITY Act and the GENIUS Act, labeling them as “dangerous giveaways” that threaten the integrity of the financial system. Her warnings come as these legislative proposals garner significant attention in the ongoing debate over crypto regulation. Undermining Oversight and Investor Safety … Continue reading "Maxine Waters Slams CLARITY and GENIUS Acts as “Risky Giveaways”" The post Maxine Wat...
Latest News
- Ethereum Price Eyes $4,000 as GENIUS Act Vote Fuels Bullish Surge2025-07-15 10:22:09
- Is Spiking “Buy XRP” Search Interest an Ominous Signal?2025-07-15 08:50:29
- Maxine Waters Slams CLARITY and GENIUS Acts as “Risky Giveaways”2025-07-15 07:13:31
- Bitcoin Plunges as Enormous Satoshi-Era Whale Begins Selling Holdings2025-07-15 06:06:41
- Bhutan Cashes In: Why the Kingdom is Selling Bitcoin Amidst All-Time Highs2025-07-14 10:26:48