• Democrats oppose GOP crypto bills, citing risks to consumer protection and national security.
• Waters links the legislation to Trump’s alleged $1.2B crypto gains and abuse of power.
• Lynch warns Anti-CBDC bill may block innovation and invite foreign-influenced vulnerabilities.

House Democrats, led by Rep. Maxine Waters and Rep. Stephen Lynch, have announced a coordinated campaign titled “Anti-Crypto Corruption Week” to challenge a set of Republican-backed cryptocurrency bills. The initiative is aimed at blocking legislation that Democratic leaders say would endanger consumer protections and enable financial misconduct linked to President Donald Trump.

The campaign targets three proposed bills: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. Waters, Ranking Member of the …

The post House Democrats Launch ‘Anti-Crypto Corruption Week’ to Oppose GOP Legislation appeared first on Coin Edition.

• Democrats oppose GOP crypto bills, citing risks to consumer protection and national security.
• Waters links the legislation to Trump’s alleged $1.2B crypto gains and abuse of power.
• Lynch warns Anti-CBDC bill may block innovation and invite foreign-influenced vulnerabilities.

House Democrats, led by Rep. Maxine Waters and Rep. Stephen Lynch, have announced a coordinated campaign titled “Anti-Crypto Corruption Week” to challenge a set of Republican-backed cryptocurrency bills. The initiative is aimed at blocking legislation that Democratic leaders say would endanger consumer protections and enable financial misconduct linked to President Donald Trump.

The campaign targets three proposed bills: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. Waters, Ranking Member of the …

The post House Democrats Launch ‘Anti-Crypto Corruption Week’ to Oppose GOP Legislation appeared first on Coin Edition.