US police chiefs back CLARITY Act to combat crypto crime
US police chiefs from the Major Cities Chiefs Association have officially endorsed the long-awaited CLARITY Act after recent revisions added anti-financial crime provisions. Lawmakers are aggressively pushing to pass the landmark crypto regulatory bill before the August congressional recess. While the legislation previously cleared the House with bipartisan backing, it stalled in 2026 over ethics concerns and stablecoin yields. Lawmakers hope law enforcement support will break the partisan deadlock.
Key takeaways
- 1The Major Cities Chiefs Association endorsed the updated CLARITY Act following new law enforcement provisions.
- 2The National Fraternal Order of Police also declared support for the US crypto regulatory framework bill.
- 3Lawmakers are pushing to pass the legislation before Congress enters its August recess following months of deadlock.
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Why it matters
Clear US regulatory frameworks reduce compliance uncertainty for global digital asset markets. Passage of the CLARITY Act would establish formal market rules, potentially boosting institutional participation while enforcing stricter oversight on financial crimes and token issuers.
Discussion
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