The 'CLARITY Act' Banking Committee Review Has Commenced, Warren Calls on SEC to Investigate Trump Family's Cryptocurrency Company

BlockBeats News, May 14th, The Cryptocurrency Market Structure Act (a.k.a. the CLARITY Act) began its deliberation in the U.S. Senate Banking Committee. Democratic Senator Elizabeth Warren spoke, calling on the U.S. Securities and Exchange Commission (SEC) to investigate the Trump family's cryptocurrency company.

Elizabeth Warren also stated that the bill is "just not ready" and called for a more thorough debate and revision of the bill, highlighting numerous unresolved issues related to enforcement, anti-money laundering, and other regulatory concerns.