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 Sen. Elizabeth Warren’s anti-cryptocurrency crusade is facing pressure from her own party.
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 Sen. Elizabeth Warren’s anti-cryptocurrency crusade is facing pressure from her own party.

Dozens of Democrats, including Senate Majority Leader Chuck Schumer, have broken with her in recent days and supported an effort to undo SEC guidelines that critics say discourage banks from holding digital assets. The Democrats defied not only Warren, but also President Joe Biden, who is threatening to veto the rollback. The rift may grow further next week when the House takes up sweeping, industry-backe 
 She has expressed concerns about the potential dangers to consumers, the risk of financial crimes, and the environmental impact of cryptocurrency due to its electricity usage . However, her anti-cryptocurrency crusade is facing pressure from her own party, with dozens of Democrats, including Senate Majority Leader Chuck Schumer, breaking with her and supporting efforts to undo SEC guidelines that critics argue discourage banks from holding digital assets 
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