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01:48

Senator Warren warns that the CLARITY Act may allow TSL and Meta to evade SEC regulation | Risks of arbitration in crypto industry regulation attract follow-up

U.S. Senator Elizabeth Warren has expressed serious concerns regarding the CLARITY Act ( currently under review in the House of Representatives. This bill could allow publicly traded companies like TSL and Meta to circumvent regulation by the SEC ) through asset tokenization. During a Senate Banking Committee hearing, Warren warned: "Under this bill, publicly traded companies like Meta or TSL would only need to put their stocks on the blockchain — and poof! — they could completely escape SEC oversight." She emphasized that this would undermine the integrity of financial markets and jeopardize investor protection mechanisms.
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