The fight over America’s crypto future is far from over — and Senator Warren is making it clear which side she’s on.
With Congress not set to reconvene for weeks, Warren used a Sunday MSNBC interview to take aim at the Digital Asset Market Structure Clarity Act (CLARITY Act), a Republican-led bill that sailed through the House in July with bipartisan backing.
The legislation aims to define how digital assets are regulated, but Warren says it’s written to favor the industry — not the public.
“We need crypto regulation,” Warren declared. “But we don’t need regulation written by the crypto industry that supercharges corruption. We need rules that limit corruption, prevent elected officials from trading in crypto, and protect the economy from potential collapse.”
Her comments signal a brewing political clash when the U.S. Senate takes up the bill in September. Republican leaders on the Senate Banking Committee have already set a target date of September 30 to move the legislation forward.
Crypto Regulation Blitz: From Stablecoins to Market Structure
The CLARITY Act is just one piece of a larger wave of crypto legislation moving through Congress this year.
In July, the House also passed the GENIUS Act — a bill regulating stablecoins — and a separate measure limiting the rollout of a U.S. central bank digital currency (CBDC).
The GENIUS Act has already cleared the Senate and was signed into law by President Donald Trump — while the CLARITY Act and CBDC restrictions are awaiting Senate review after the August recess.
White House Steps In
On July 30, President Trump’s Digital Asset Task Force issued a detailed plan for splitting oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
The report warned:
“Without a clear and comprehensive classification system, market participants face a patchwork of rules — a minefield for honest actors. A unified framework is essential to protect investors while allowing innovation to thrive.”
As September approaches, one thing is certain — the crypto industry’s next big battle will be fought in the Senate, with Warren and her allies standing firmly against what they see as Wall Street’s takeover of digital finance.
