U.S. Senator Elizabeth Warren warns that the Digital Asset Market Structure Act (CLARITY) could allow non-crypto companies to evade SEC regulations by tokenizing assets. During the CLARITY Act hearing, Warren argued that companies like Meta and Tesla could list shares on the blockchain to avoid SEC oversight, posing a significant regulatory challenge. Ripple CEO Brad Garlinghouse, present at the hearing, emphasized the need for clear crypto regulations, stating that over 55 million Americans are involved in the cryptocurrency economy and deserve a sensible regulatory framework. The debate highlights the complex relationship between traditional finance, blockchain technology, and regulatory oversight. Passing the CLARITY Act without addressing these concerns could create loopholes that undermine investor protection and market integrity. ```