TechFlow News, May 14: The U.S. Senate Committee on Banking, Housing, and Urban Affairs has begun its review of the Cryptocurrency Market Structure Act (also known as the CLARITY Act). Senator Elizabeth Warren stated that the bill “is just not ready,” criticizing it during her opening remarks. She emphasized that American citizens are currently facing real-world pressures—including rising costs for food, utilities, and healthcare—and argued that Congress should prioritize measures to lower living costs and cap credit card interest rates, rather than “spending time on a bill drafted by the crypto industry for its own benefit.” She also cited a poll showing that only 1% of 1,000 registered U.S. voters identified cryptocurrency as the most important issue ahead of the 2026 general election, underscoring that crypto regulation is not a top priority for voters. Additionally, Warren called for more comprehensive debate and revision of the CLARITY Act, noting that significant unresolved concerns remain regarding enforcement, anti-money laundering (AML), and other regulatory issues.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
