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Elizabeth Warren warns of devastating consequences for US economy in new bipartisan crypto bill

Sen. Elizabeth Warren expressed her concerns about the bipartisan crypto bill, warning that it could have disastrous consequences for consumers and the US economy. Her dire warning comes as a bipartisan group of senators continues to work on the legislation.

Elizabeth Warren warns of devastating consequences for US economy in new bipartisan crypto bill
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Senator Elizabeth Warren expressed her concerns over the bipartisan crypto bill, citing potential risks to consumers and market stability, as she warned that lax regulations could lead to widespread financial losses. The senator's dire warning comes as a bipartisan group of senators continues to work on the bill, aiming to create a unified framework for the emerging cryptocurrency industry. If passed, the bill would establish standardized guidelines for exchanges and wallets, among other provisions. Warren's caution highlights the growing scrutiny of crypto regulations at the federal level.

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Original source: MSNBC
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