Crypto
U.S. senator calls crypto \'currency of choice for crooks\' as CLARITY Act fight intensifies
Democratic Senator Richard Blumenthal renewed criticism of cryptocurrencies, calling them a tool used for crime and opposing efforts to ease regulation. He cited testimony from romance-scam victim Lori Flowers and said criminals need crypto to succeed. The dispute has shifted to the CLARITY Act, backed by Republicans, which aims to clarify digital asset rules. Other Democrats, including Elizabeth Warren, have also criticised the bill and warned consumer protections are insufficient.
