cryptoregulation

Senator Elizabeth Warren is urging the SEC to take immediate action, warning that Donald Trump’s new executive order allowing cryptocurrencies in 401(k) retirement plans threatens the financial future of millions of Americans.
In a public letter addressed to SEC Chair Paul Atkins, Warren fiercely criticized the White House’s move to greenlight crypto investments in the most common U.S. retirement plans. According to her, it’s an “incredibly dangerous step” that could wipe out lifetime savings for ordinary citizens.
“A retirement account is not a casino,” Warren warned. “Cryptocurrencies are extremely volatile and unregulated — they have no place in long-term retirement portfolios.”

Trump’s Turnaround: From “Fraud” to Billions
Warren reminded the public that Trump himself called Bitcoin a fraud back in 2021. Yet after returning to office, he reversed his position — and according to the Center for American Progress, his family has made over $1.2 billion from crypto investments.
In August, Trump signed an executive order that allows providers to offer crypto investment options within 401(k) plans. Warren claims this creates a “regulatory loophole” that could bypass SEC oversight.

Warren: “People Could Lose Everything”
The senator stressed that most Americans are not prepared to handle this level of risk. She called it a “green light for financial disaster,” and questioned whether the SEC is doing enough to protect investors.
🔹 She wants to know if crypto firms are being honest about risks and liquidity

🔹 She asks whether the SEC investigates market manipulation and fraud

🔹 She demands investor education efforts to help people understand crypto risks

SEC Under Pressure, Atkins Follows Trump’s Line
SEC Chair Paul Atkins has previously expressed support for the president’s direction. In an interview with CNBC, he stated the agency would create rules “aligned with the vision of making the U.S. the world’s crypto capital.”
He emphasized that fostering innovation does not mean eliminating oversight:
“Fraud is still fraud. If someone raises money with big promises and vanishes — they’ll hear from us.”
Atkins also distanced himself from former Chair Gary Gensler’s aggressive regulatory stance. Under his leadership, the SEC claims it now wants to embrace innovation — while still prioritizing investor protection.

Labor Unions Join the Fight
Warren is not alone. The American Federation of Teachers and AFL-CIO have both criticized the administration’s move. They fear that weakening oversight could jeopardize the financial future of retirees. If crypto continues to grow unchecked, millions of retirement accounts could face unprecedented risk.

#TRUMP , #ElizabethWarren , #SEC , #CryptoRegulation , #USPolitics

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

A new wave is hitting the U.S. Senate – this time aimed at protecting the beating heart of technological innovation: crypto software developers. A bipartisan duo, Senator Cynthia Lummis (R) and Senator Ron Wyden (D), has introduced a bill that could finally clarify that programmers who don’t control users’ funds should not be treated like banks or money transmitters.

Code Is Not a Crime
Currently, regulation is murky. Some legal interpretations suggest that even just writing code for cryptocurrencies could fall under the same rules as money transmitters – entities that manage money on behalf of others. But this puts developers in legal uncertainty, even if they have no control over user funds whatsoever.
“It’s a fundamental misunderstanding of the technology,” Senator Wyden stated. “Such regulation could harm not only Americans’ privacy, but also their freedom of speech.” And that’s exactly what the new Blockchain Regulatory Certainty Act (BRCA) is aiming to change.

What Does the Bill Say?
Simply put: if a developer never touches other people’s funds, they should not be classified as a money transmitter. This straightforward yet powerful definition could have major implications across the crypto industry.
“We’re drawing a clear line between coders and custodians,” said Senator Lummis. “We want to foster innovation, not stifle it.”
The key factor is who truly controls the money. Open-source developers typically don’t — unlike banks, exchanges, or payment processors.

A Piece of a Bigger Puzzle
This bill isn’t a standalone effort. It’s part of a broader push by Congress to establish a unified regulatory framework for crypto. Lawmakers are currently tackling a wide range of critical questions:
🔹 Rules for stablecoins

🔹 Oversight of decentralized finance (DeFi)

🔹 Consumer protections

🔹 Potential conflicts of interest related to the Trump family’s crypto ventures
The Senate Banking Committee — of which both Lummis and Wyden are members — is working on a comprehensive crypto bill that would bring structure and clarity to the space. The BRCA could be a key building block in that process.

Why It Matters
If developers lose clarity on what they can and cannot do, innovation stalls. As the digital economy grows at an explosive pace, laws must evolve – not hold back progress.
The BRCA could be the shield that protects those coding the future, as well as the users relying on decentralized tools free from intermediaries.

What’s Next?
The senators hope the bill gains enough bipartisan support to become part of the final regulatory package. Developers and crypto communities are already urging lawmakers: Join the effort and help create fair rules for the digital future.
If America wants to remain a global tech leader, it needs not only visionaries, but also laws that understand the difference between writing code and handling money

#CryptoRegulation , #CynthiaLummis , #Web3Security , #decentralization , #CryptoNews

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Just hours after the United Arab Emirates (UAE) announced a ban on privacy-focused cryptocurrencies, Monero (XMR) delivered a stunning price surge and climbed to a new all-time high. This explosive move reinforced Monero’s position as the leading privacy coin on the market—edging ahead of Zcash.

Price Surge Defies Regulatory Pressure

Monero, widely known for its strong transaction privacy, has staged an extraordinary rally in recent days. According to data from analytics platform Santiment, XMR has surged by more than 44% over the past week and a half, pushing prices to just under $657.

Notably, the rally came immediately after Dubai announced a ban on all privacy tokens, a development many expected to weigh negatively on prices. Instead, Monero reacted in the opposite direction—by accelerating sharply higher.
Analysts caution, however, that despite the strong momentum, traders should closely monitor social media metrics and sentiment indicators.

Privacy Coins Outperform the Broader Market
While major cryptocurrencies have largely moved sideways, privacy-focused assets have outperformed the broader crypto market over the past three months. Monero has emerged as the strongest and most resilient asset within this niche.
By contrast, Zcash recently faced significant pressure after its core development team exited the project following internal disputes with the board. This raised concerns about future upgrades and caused the token to drop by approximately 15% in a single day, erasing part of its prior gains.

Technical Structure Signals Further Upside
Market analysts note that the recent breakout followed an extended accumulation phase, during which prices steadily climbed while major cryptocurrencies traded within tight ranges. Monero has now broken through a multi-year resistance level that had capped upside since the previous market cycle.
Current momentum indicators resemble conditions seen during earlier expansion phases, suggesting that the uptrend could continue—provided XMR holds above its former resistance level.
Several market research firms have also highlighted growing global demand for financial privacy as a major long-term theme expected to remain relevant through 2026.

Peter Brandt Compares XMR to Silver’s Historic Breakout
Veteran trader Peter Brandt has compared Monero’s current price structure to a historic breakout in silver. According to his analysis, both markets formed double tops before eventually breaking higher, triggering a powerful expansion move.
Although Brandt did not specify a precise price target for Monero, the analogy suggests that the early stages of a major structural breakout may still be unfolding.
Despite reaching a new all-time high, Monero’s overall market dominance remains relatively modest compared to peaks from previous cycles—an observation many interpret as a sign that further upside potential still exists.

Conclusion
Rather than suppressing Monero, Dubai’s ban on privacy coins appears to have amplified its appeal. As global regulation tightens and surveillance increases, Monero is once again demonstrating that demand for financial privacy is rising—not fading.

#Monero , #crypto , #UAE , #CryptoRegulation , #altcoins

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“