U.S. Senator Elizabeth Warren: CLARITY Act Could Allow Public Companies like Tesla and Meta to Evade U.S. SEC Oversight
BlockBeats News, July 10th, according to Cointelegraph's report, U.S. Senator Elizabeth Warren issued a warning that if a bill aiming to regulate the cryptocurrency market becomes law, publicly traded companies may circumvent U.S. securities laws.
During a hearing on cryptocurrency market structure legislation held by the Senate Banking Committee on Wednesday, Warren, serving as a senior member of the committee, stated that she supports digital asset regulation that strengthens the U.S. financial system but raised serious concerns about the "Digital Asset Market Transparency Act" (CLARITY Act) currently under review in the House.
Warren pointed out that this bill may allow "non-crypto companies" to bypass the oversight of the U.S. Securities and Exchange Commission (SEC) through asset tokenization. Under this House bill, publicly traded companies like Meta or Tesla could completely evade SEC regulation simply by putting their stocks on the blockchain.
You may also like

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The impossible triangle is simply a pseudo problem

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

New gameplay for participating in initial offerings on cryptocurrency exchanges

