Senator Elizabeth Warren Signals Opposition to CLARITY Act Ahead of Senate Session
Although the U.S. Senate is not set to reconvene until September 2, some lawmakers are already signaling their stance on upcoming crypto legislation. Senator Elizabeth Warren of Massachusetts, a vocal critic of the digital asset industry, has hinted at plans to oppose the Digital Asset Market Structure Clarity (CLARITY) Act when it reaches the Senate floor.
In a Sunday MSNBC interview, Warren reiterated her call for stronger regulation of the crypto industry, but warned against adopting legislation she claims is written to serve industry interests.
“We need crypto regulation,” Warren said. “But we don’t need regulation written by the crypto industry that supercharges this kind of corruption. We need regulation that limits the corruption and the ability of elected officials to trade in it, that also limits the ability to blow up the economy with crypto.”
We need strong crypto regulation – not an industry giveaway that puts our economy at risk and supercharges President Trump’s corruption.
— Elizabeth Warren (@warren.senate.gov) 2025年8月11日 7:02
Her remarks suggest she will work to rally Democratic opposition to the CLARITY Act, which passed the House in July with bipartisan support and is expected to be taken up by the Senate in September. Republican leaders on the Senate Banking Committee have said they aim to pass the bill by September 30.
Legislative Roadmap: Stablecoins, Market Structure, and CBDCs
The House’s July legislative package included three major crypto-related measures:
-
The GENIUS Act, regulating payment stablecoins.
-
The CLARITY Act, outlining crypto market structure.
-
A bill restricting the creation 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 in July. The remaining two bills are expected to be addressed after the August recess.
White House and Regulatory Alignment
On July 30, a digital asset task force established under President Trump released recommendations for improving U.S. crypto market structure. The report proposed a clearer division of responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) for overseeing specific types of tokens.
“Without a clear and comprehensive classification system, market participants have had to navigate a patchwork of interpretations and guidance — a proverbial minefield for honest actors trying to lead the industry forward,” the report stated. “A clearer, agreed-upon taxonomy is essential to ensure both the healthy development of the digital asset ecosystem and consumer and investor protection.”
The Senate will return to legislative business on September 2, immediately following the Labor Day holiday, with the CLARITY Act expected to be one of the most contentious crypto debates of the session.
