This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
US Democratic lawmakers, led by Maxine Waters and Stephen Lynch, have declared ‘Anti-Crypto Corruption Week’ to oppose GOP-backed crypto bills. The initiative targets legislation like the GENIUS Act and a proposed anti-CBDC law, citing risks of fraud and lack of consumer protections.
- Democrats oppose GOP crypto bills, claiming they lack consumer protections and could enable fraud.
- Maxine Waters accuses Republicans of favoring Trump's 'corrupt crypto empire' over financial security.
- Stephen Lynch warns anti-CBDC efforts may hinder US competitiveness against China in digital currencies.
📎 Related coverage from: cryptoslate.com
Related Tags: Donald Trump Elizabeth Warren