Senator Elizabeth Warren has raised significant alarms over the recently enacted GENIUS Act, which was signed into law by former President Donald Trump in July 2025. Her concerns center around the potential implications of the act on the stability and regulation of stablecoins in the cryptocurrency market. As pointed out in the source, it is important to note that these changes could have far-reaching effects on the entire crypto ecosystem.
Concerns Over the GENIUS Act
Warren argues that the GENIUS Act introduces lenient regulations on stablecoins, which could create conflicts of interest, especially regarding the USD 1 stablecoin issued by World Liberty Financial, a company with ties to Trump. She believes that such connections could undermine the integrity of the financial system and pose risks to investors and consumers alike.
Call for Stronger Regulatory Frameworks
In her statement, Warren called for the establishment of more robust regulatory frameworks to safeguard the public from the inherent risks associated with the crypto market. She insists that without stringent oversight, the potential for abuse and financial instability could increase, ultimately jeopardizing the interests of everyday Americans.
Pepenode has recently made headlines by securing $17 million in presales, showcasing a new mine-to-earn model that contrasts with the regulatory concerns raised by Senator Warren regarding stablecoins. For more details, see read more.