US Senator Elizabeth Warren warns that unchecked digital asset markets could trigger economic instability and fuel government corruption. The Massachusetts Democrat has emerged as one of Congress’s most vocal critics of industry-friendly legislation. She has reiterated the need for comprehensive cryptocurrency regulations. Elizabeth Warren opposed bills such as the GENIUS Act and CLARITY Act, which she argues hand regulatory power to major crypto corporations while weakening oversight. At a recent WNBC address she called for strict bans on elected officials trading or holding significant crypto investments. She cited potential conflicts of interest tied to the president’s family businesses and their…
-
-
Trump Media & Technology Group, the company behind Truth Social, has filed an amended with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded fund. Operational partners are named in the filing. Crypto.com will serve as the Bitcoin custodian and liquidity provider, while Yorkville America Digital will act as the fund’s sponsor, according to a Monday release. The amendment still omits key details, including the fund’s fee and ticker symbol, as noted by Bloomberg Intelligence analyst Eric Balchunas. Balchunas has also said the proposed ETF could find it hard to attract investors because it is entering an…