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Sen. Warren Makes Anti-Crypto Plans Top Priority in Re-Election Campaign

Sen. Warren Makes Anti-Crypto Plans Top Priority in Re-Election Campaign

US Senator Elizabeth Warren continues to emphasize her anti-crypto stance.

US Senator from Massachusetts, Elizabeth Warren, has launched her re-election campaign, listing anti-crypto regulations as her top priority for the next term of office

In her March 30th tweet, Sen. Warren published a video quoting a news article dubbed “Elizabeth Warren is Building an Anti-crypto Army.”

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The tweet hinted at Warren’s anti-crypto stance, which appears to play a pivotal role in her 2024 US Senate elections campaign.

Sen. Warren’s stance has ruffled feathers in the crypto community, with many terming it outrageous. One user responded to the tweet by stating that the Senator’s anti-crypto agenda would drive jobs away from the United States against her claims of fighting for working families. 

Popular YouTuber Coin Bureau also weighed in on the tweet questioning Warren’s over-estimation of crypto as a vote-winning agenda. Coin Bureau replied:

Imagine thinking that building an "Anti-crypto army" is going to win you votes?

In the wake of the FTX collapse in November 2022, the Senator wrote an op-ed in the Wall Street Journal calling for rigorous oversight of the crypto sector.

Further, Politico’s article claims that Warren was recruiting conservative Senators into her "anti-crypto army" to push for an anti-money laundering regulatory framework on decentralized finance markets.

At the end of March, Senator Warren and her colleague Ron Wyden sent a joint letter to Public Company Accounting Oversight Board (PCAOB) chair Erica Y. Williams urging the US auditing watchdog to crack down on “sham audits” of crypto companies.

Gile K. , Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

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