Police group, crypto association back revised CLARITY Act as support broadens
The revised CLARITY Act has gained backing from both the National Fraternal Order of Police [FOP]and the National Cryptocurrency Association [NCA], with the two organizations endorsing the legislation for different reasons. The FOP said changes to the latest version of the bill addressed its concerns over law enforcement powers. At the same time, the NCA argued the legislation strengthens consumer protections and provides clearer rules for the digital asset industry. Police group says revised bill strengthens enforcement powers In a letter dated July 24, the National Fraternal Order of Police, which represents more than 382,000 law enforcement officers, urged Senate Banking Committee Chairman Tim Scott and Ranking Member Elizabeth Warren to support the revised CLARITY Act. The organization said it had reviewed changes to the Blockchain Regulatory Certainty Act [BRCA] provisions and was satisfied that they would not limit law enforcement agencies‘ and prosecutors’ ability to investigate crimes involving digital assets. Source: X The FOP also highlighted provisions covering anti-money laundering and sanctions compliance, digital asset kiosks, seizure and tracing authorities, temporary transaction holds requested by law enforcement and new grant and training programmes aimed at strengthening digital asset investigations. According to the letter, the revised legislation also establishes a digital asset cyber innovation center. It clarifies









