Rep. Maxine Waters Doubles Down On Crypto Legislation Crypto Criticism
2025-07-17 20:23:24
Main Idea
Congresswoman Maxine Waters criticizes the CLARITY Act and other crypto-related bills, claiming they would cause investor harm and benefit certain political figures.
Key Points
1. Maxine Waters calls the CLARITY Act the 'CALAMITY Act,' arguing it is bad public policy and would lead to investor harm.
2. Waters is part of an 'Anti-Crypto Corruption Week' initiative, opposing crypto legislation she believes is problematic.
3. The GENIUS Act is also under consideration alongside the CLARITY Act, amid broader debates on crypto regulation.
4. Waters raises concerns about Donald Trump's ties to crypto, including a Trump-affiliated stablecoin launch.
5. The press release highlights ongoing political and regulatory tensions surrounding cryptocurrency legislation.
Description
Congresswoman Maxine Waters (D-CA) doubled down on her anti-crypto legislative statements by saying the CLARITY Act would cause “investor harm” as part of her “Anti-Crypto Corruption Week” initiative in a new press release on Thursday. Rep. Maxine Waters Slams Crypto Bills In Fiery Press Release Published on the Democrats’ U.S. House Committee on Financial Services website , Waters slammed the Digital Asset Market Clarity Act of 2025, better known as the CLARITY Act. “The bill presents several s...
Latest News
- South Korea’s Shinhan Launches Crypto Services on Its Banking App2025-07-17 23:35:04
- Leading AI Perplexity Predicts the Price of XRP, ETH, and DOGE2025-07-17 22:47:19
- Crypto Price Prediction Today 17 July – XRP, PUMP, ADA2025-07-17 22:45:31
- Why Bitcoin DeFi Protocols Are Seeing Impressive Growth As BTC Soars2025-07-17 22:29:27
- Historic Crypto Policy Win: Three Bills Clear House Despite Democrat Opposition2025-07-17 22:25:57