
TRUMP Meme Coin Launch to Be Probed? Elizabeth Warren Cites Conflict of Interest
Senator Elizabeth Warren has urged US regulators and ethics offices to investigate the TRUMP and MELANIA meme coins launched this week.
Senator Elizabeth Warren has urged US regulators and ethics offices to investigate the TRUMP and MELANIA meme coins launched this week.
Senator Elizabeth Warren has called on incoming Treasury Secretary Scott Bessent to consider expanding regulatory powers over the cryptocurrency industry.
Brian Armstrong accused SEC’s Gensler and Senator Warren of undermining crypto, fueling debanking issues, and impacting the 2024 election.
Ripple co-founder Brad Garlinghouse has endorsed XRP lawyer John Deaton, in his run for Senate against anti-crypto Senator Elizabeth Warren, citing Deaton’s strong support for the XRP community and the wider crypto industry.
The debate, which was held on October 15, was the first ever between the duo.
Crypto didn’t feature on the latest list of bipartisan regulation request made by US Senate Majority Leader Chuck Schumer.
The victory marks a significant moment for pro-crypto supporters, as Deaton moves from the legal battlefield to a political showdown with one of the Senate’s most vocal critics of digital assets.
Foreign-owned crypto mining facilities pose a critical threat to US national security by enabling espionage, disrupting power grids, and facilitating illicit financial flows, says Elizabeth Warren.
Tyler Winklevoss lashed out at SEC chair Gary Gensler and FDIC Chair Martin Gruenberg while referring to both of them as “lapdogs and attack dogs” who leveraged the power of their agencies to push Warren’s anti-crypto policies.
In addition to the PAC, Deaton has personally received financial support from major industry executives.
Warren and Cassidy have now issued an ultimatum of June 14 for the agencies to respond to their query.
After Trump’s recent comments and overwhelming promise of supporting the crypto industry, some crypto market analysts says that the former President has a hit of retracing on his commitments.
Warren called for restrictions on major cloud computing providers such as Microsoft, Alphabet and Amazon, stating that they had the potential to stifle the growth of smaller competitors.
Warren’s recognition marks a shift in her stance on crypto, following legislative actions targeting illicit use. Now she addresses ongoing digital currency challenges.
While Warren has expressed her dissatisfaction with the approval of the 11 BTC ETFs, some lawmakers in the US support the SEC’s decision.