U.S. Senator Elizabeth Warren is raising an army against cryptocurrenciesOne of the most popular U.S. senators, Elizabeth Warren (D-Massachusetts), announced on Twitter that she would "build an anti-cryptocurrency army" as part of her new campaign. She told her followers that she would actively fight against the industry. In addition, the official stressed that her future activities will be centered around this technology industry.
In her last message, Senator Warren urged her own associates and voters to join her program. She extensively touted her achievements in opposing cryptocurrencies. In addition, the politician emphasized other significant achievements, including the provision of over-the-counter hearing aids and reducing the cost of child care in Massachusetts.
Previously, the Senator has repeatedly stated that in order to maintain economic stability in the United States, cryptocurrencies should be banned entirely in the country. The Massachusetts politician has been actively advocating and fighting against the spread of digital currencies in the United States for several years.
The senator recalled that some of her efforts in countering the cryptocurrency market have already been successful. In December 2022, the Digital Assets Money Laundering Act was passed.
However, the bill has come under massive criticism from Republicans as well as Warren's Democratic Party associates. Numerous participants in the cryptocurrency industry also said that the legislation was against the development of blockchain and cryptography, and the senator herself allegedly did not understand the dangers of her actions. In February of this year, Warren promised to reintroduce a bill that would require all decentralized organizations to comply with strict anti-money-laundering requirements.
