Warren calls for crypto rules to prevent corruption

Elizabeth Warren calls for comprehensive crypto regulations to prevent economic blowups and corruption

Elizabeth Warren is calling for comprehensive crypto regulations aimed at preventing economic instability and limiting corruption in government.

Warren opposes industry-friendly crypto legislation in Congress

The Massachusetts Senator opposes industry-written rules, warning they could hand influence to large corporations and undermine accountability. She supports stronger consumer protections and explicit restrictions on elected officials trading or holding significant cryptocurrency investments.

We need strong crypto regulation – not an industry giveaway that puts our economy at risk and supercharges President Trump’s corruption. pic.twitter.com/6sVbwMiSFf

— Elizabeth Warren (@SenWarren) August 10, 2025

Warren is a vocal critic of major pro-crypto bills in Congress, including the GENIUS Act and CLARITY Act. She argues these measures are gifts to the biggest players in the crypto industry and would weaken oversight without adding meaningful safeguards. In her view, rules for the digital asset market should be written by Congress, not by the sector itself.

In a recent WNBC address, Warren stressed the need for clear laws to prevent public officials from profiting from crypto-related ventures. She raised concerns over potential conflicts of interest tied to the president’s family businesses, which have been linked to stablecoins and meme coins. Such ties, she warned, could influence policy decisions in ways that benefit private interests over the public good.

Her anti-corruption framework calls for strict disclosure requirements for government officials with crypto investments or business connections, along with stronger enforcement mechanisms to ensure compliance.

In July 2025, Warren introduced a comprehensive framework for the structure of crypto markets and identified five core priorities. The legislation lays out how it would apply existing securities safeguards to digital assets while preserving the present regulatory structure of other markets.

A key focus is stablecoins. Her bill would ban large technology companies such as the parent company of Facebook, Meta, from being allowed to offer digital currencies because they could pose risks to privacy and financial stability. She claims that subjecting Big Tech to the stablecoin market would prevent guaranteeing consumer protection and systemic risk.

Trump’s latest pro-crypto moves

With major US executive orders signed and lobbying for laws to move digital assets in from the cold into mainstream finance, Donald Trump has been doing the rounds promoting cryptocurrency adoption.

Trump signed the GENIUS Act in July 2025, establishing a federal stablecoin framework with mandatory 100% reserve backing, monthly public disclosures, and consumer protection. The legislation balances state and federal regulators, but allows stablecoin holders to benefit from insolvency arrangements.

He approved a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, positioning America as a leader in government-held crypto assets.

A new executive order now allows Americans to invest 401(k) retirement savings in cryptocurrency and private equity, opening the $12.5 trillion retirement market to digital assets.

Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.