CLARITY Act Gains National Security Experts' Support Ahead of Senate Vote
1 hour ago By Varinder Singh
Varinder Singh Independent Sr. Journalist Expertise: Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers. Read full bio
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Highlights
- National security, intelligence, and law enforcement experts sign letter in support of advancing the CLARITY Act.
- Blockchain Association urges the Senate to pass the crypto bill as it enters full Senate debate.
- The crypto body will host a town hall featuring Senator Cynthia Lummis, Tom Emmer, and Patrick Witt.
Former national security, intelligence, and law enforcement professionals have signed a letter backing the CLARITY Act. The crypto market structure bill was added to the Senate Legislative Calendar for full floor discussion and vote, and the coalition wants it kept on the fast track.
Blockchain Association Urges CLARITY Act Passage on National Security Agenda The Blockchain Association sent a letter to Senate Majority Leader John Thune and Senate Democratic Leader Chuck Schumer. The letter is signed by 160 former national security, intelligence, and law enforcement professionals in support of advancing the CLARITY Act.
The letter argues the crypto market structure bill is a law enforcement and national security priority. Clear crypto rules, the argument goes, would bring activity under U.S. regulatory oversight, strengthen consumer protection, and help investigators catch bad actors. The Blockchain Association claimed the crypto industry stands with law enforcement — a sentence nobody in 2014 would have predicted writing.
"We support strong compliance, strong consumer protections, and strong tools to combat illicit finance. That's why the Senate should advance the Clarity Act," the crypto body added.
The crypto bill includes key anti-illicit finance and enforcement provisions. These cover expanded BSA and sanctions obligations, Treasury-led information sharing with DOJ, FBI, DEA, and the private sector, and a permanent interagency working group focused on digital asset illicit finance.
In addition, CLARITY Act passage is key to strengthening security and safety measures for digital asset kiosks — a stated priority for seniors and other Americans routinely targeted by ATM-style crypto scams. Senate Banking Chairman Tim Scott doubled down on his support for the CLARITY Act today.
Town Hall with Senator Cynthia Lummis, Whip Tom Emmer, and Patrick Witt The Blockchain Association is bringing letter signatories and members to Washington, D.C. for meetings across 18 Senate offices on Wednesday. Meanwhile, the association's member Ripple opened a new office in the capital to focus on crypto policy and blockchain innovation advocacy, because no regulatory fight is complete without a fresh lease on K Street. It will be followed by a virtu
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