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BTCC / BTCC Square / Global Cryptocurrency /
AFT Pushes Senate to Reconsider Proposed Crypto Market Structure Bill

AFT Pushes Senate to Reconsider Proposed Crypto Market Structure Bill

Author:
Global Cryptocurrency
Published:
2025-12-10 16:13:02
10
2
BTCCSquare news:

The American Federation of Teachers has emerged as a staunch opponent of the proposed crypto market structure bill, warning that it could jeopardize pension funds and the broader financial system. Randi Weingarten, AFT president, delivered a letter to the Senate arguing the legislation lacks sufficient oversight and fails to address rampant fraud in the cryptocurrency space.

Critics contend the bill would erode longstanding securities protections that safeguard retirement savings. The union alleges the draft legislation creates loopholes allowing risky digital assets to infiltrate pension portfolios. Proponents maintain the framework would bring much-needed regulatory clarity to the fast-moving crypto sector.

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