The Federal Law Enforcement Officers Association expressed support for the CLARITY Act but urged changes to the legislation’s language.
Update, July 14, 1:09 pm UTC: This article was updated to include comments from Blockchain Association chief policy officer Lindsay Fraser.
The Digital Asset Market Clarity Act has secured its second public endorsement from a major US law enforcement organization, coming just weeks before what many see as a make-or-break legislative deadline before the Senate’s August recess.
In a July 10 statement, the Federal Law Enforcement Officers Association (FLEOA) said it submitted a letter to the US Senate Banking Committee endorsing the CLARITY Act, while calling for changes to strengthen accountability in decentralized finance (DeFi) and preserve investigators’ existing powers.&
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