Rep. Warren Davidson Criticizes US Crypto Regulations
- Rep. Warren Davidson warns that US crypto regulations, including the GENIUS Act and pending CLARITY Act, threaten Bitcoin‘s core principles.
- The GENIUS Act, enacted in 2025, is criticized for favoring banks and enabling a ‘wholesale CBDC‘.
- Davidson argues these laws push digital assets into account-based systems, undermining financial freedom and self-custody.
- The congressman introduced a bill to allow US citizens to pay federal taxes using Bitcoin.
- He advocates for banning CBDCs, opposing digital ID mandates, and protecting self-custody rights.
Rep. Warren Davidson criticizes US crypto policies for threatening Bitcoin’s foundational principles of financial freedom and self-custody through regulations favoring banks and enabling CBDCs.
Source (3.2)https://cryptobriefing.com/rep-warren-davidson-crypto-policy-criticism/?rand=59535
