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Rep. Maxine Waters has raised alarms over pending crypto legislation, warning it could weaken investor protections and benefit politically connected players. The GENIUS and CLARITY Acts face scrutiny as global regulators watch U.S. crypto policy shifts.
- The GENIUS Act could weaken stablecoin regulation and exempt DeFi from oversight, raising fraud and national security concerns.
- Trump-linked crypto ventures, including NFTs and a planned Truth Social token, highlight conflicts of interest in industry-friendly policies.
- Global regulators are closely monitoring U.S. crypto legislation, as its decisions may set international standards for digital asset rules.
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