Senator Warren Voices Opposition to CLARITY Act U.S. Senator Elizabeth Warren (D-MA) has reaffirmed her strong opposition to the Digital Asset Market Structure Bill (CLARITY Act), slated for Senate review in September. In a recent MSNBC interview, Senator Warren expressed concerns that the bill, already passed by the House, could encourage corruption among elected officials. CLARITY Act Aims to Regulate Cryptocurrency The CLARITY Act seeks to establish a clear regulatory framework for the cryptocurrency industry, dividing oversight responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). A key provision exempts certain cryptocurrencies from the registration requirements of the Securities Act of 1933, provided they meet specific criteria. Republican leaders of the Senate Banking Committee previously aimed to pass the bill by September 30th. Senator Warren's opposition adds another layer of complexity to the bill's future, highlighting ongoing debates surrounding cryptocurrency regulation and its potential impact on financial markets and political integrity. ```

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