MEXC is giving away $50M in position airdrops to active traders on Solana, Ethereum, and BNB Chain.

Monday, Aug 11, 2025 1:11 pm ET1min read
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MEXC is giving away $50M in position airdrops to active traders on Solana, Ethereum, and BNB Chain.

Massachusetts Senator Elizabeth Warren has been a vocal critic of the crypto industry, calling for comprehensive regulations to prevent economic instability and corruption. In a recent tweet, Warren expressed her opposition to industry-friendly crypto legislation in Congress, warning that such measures could hand influence to large corporations and undermine accountability [1].

Warren has been a vocal critic of major pro-crypto bills such as the GENIUS Act and CLARITY Act, arguing that these measures are gifts to the biggest players in the crypto industry and would weaken oversight without adding meaningful safeguards. She advocates for stronger consumer protections and explicit restrictions on elected officials trading or holding significant cryptocurrency investments.

In July 2025, Warren introduced a comprehensive framework for the structure of crypto markets, identifying five core priorities. Her bill would apply existing securities safeguards to digital assets while preserving the current regulatory structure of other markets. A key focus is stablecoins, which Warren argues could pose risks to privacy and financial stability. She proposes banning large technology companies from offering digital currencies [2].

Meanwhile, cryptocurrency exchange MEXC has announced a significant giveaway, airdropping $50M in position airdrops to active traders on Solana, Ethereum, and BNB Chain. The airdrop is designed to reward traders for their activity and engagement on the platform. However, it is essential to note that such airdrops can be seen as promotional tactics to attract more users and increase trading volumes.

As the crypto market continues to evolve, it is crucial for policymakers and industry leaders to strike a balance between innovation and regulation. Comprehensive regulations, as advocated by Senator Warren, can help prevent economic instability and corruption while fostering a secure and transparent crypto ecosystem.

References:
[1] https://www.cryptopolitan.com/elizabeth-warren-crypto-rules-economic/
[2] https://www.cryptopolitan.com/elizabeth-warren-crypto-rules-economic/

MEXC is giving away $50M in position airdrops to active traders on Solana, Ethereum, and BNB Chain.

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