The American Federation of Teachers urges the Senate to reject the cryptocurrency market structure bill.
TechFlame
2025-12-10 03:55
TechFlame2025-12-10 03:55
English
TechFlame reports that the American Federation of Teachers is urging Senate leadership to set aside the Responsible Financial Innovation Act, arguing that the bill would weaken investor protections and expose pension funds to new risks.
The union noted that the legislation would dilute safeguards for traditional securities and allow tokenized stocks to trade without standard registration and disclosure requirements.
This warning comes as negotiations over the cryptocurrency market structure bill intensify, with industry groups deeply divided and lawmakers signaling that the draft bill's prospects for passage are dimming.