Blockchain Association cites 160 former officials in push for CLARITY Act

cryptonews15:18

Blockchain Association has rallied support from 160 former national security and law enforcement officials for the CLARITY Act as the crypto market structure bill awaits consideration by the full U.S....

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2640397116?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-03 15:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2640397116","market":"sg","top_or_hot":-1,"title":"Blockchain Association cites 160 former officials in push for CLARITY Act","media":"cryptonews","content":"<div>\n<p>Blockchain Association has rallied support from 160 former national security and law enforcement officials for the CLARITY Act as the crypto market structure bill awaits consideration by the full U.S....</p>\n\n<a href=\"https://crypto.news/blockchain-association-cites-160-former-officials-in-push-for-clarity-act/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blockchain Association cites 160 former officials in push for CLARITY Act</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlockchain Association cites 160 former officials in push for CLARITY Act\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-03 15:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/blockchain-association-cites-160-former-officials-in-push-for-clarity-act/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blockchain Association has rallied support from 160 former national security and law enforcement officials for the CLARITY Act as the crypto market structure bill awaits consideration by the full U.S....</p>\n\n<a href=\"https://crypto.news/blockchain-association-cites-160-former-officials-in-push-for-clarity-act/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITQ","symbol_name":"Bitwise Crypto Industry Innovators ETF","start_time":0,"source_url":"https://crypto.news/blockchain-association-cites-160-former-officials-in-push-for-clarity-act/","article_id":"2640397116","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/blockchain-association-cites-160-former-officials-in-push-for-clarity-act/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2640397116","pubTimestamp":1780471122,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Blockchain Association has rallied support from 160 former national security and law enforcement officials for the CLARITY Act as the crypto market structure bill awaits consideration by the full U.S. Senate.A Blockchain Association letter backed by 160 former national security and law enforcement officials has urged the Senate to pass the CLARITY Act.Supporters said the bill would expand anti-money laundering, sanctions compliance, and information sharing tools across the digital asset sector.The CLARITY Act is currently awaiting a full Senate vote after advancing through the Senate Banking Committee.According to a letter sent Tuesday by the Blockchain Association to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer, former officials from national security and law enforcement backgrounds urged lawmakers to approve the legislation, arguing that it would strengthen oversight of digital asset markets rather than weaken it.Describing the bill as an enforcement","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITQ":"Bitwise Crypto Industry Innovators ETF","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF","BKCH":"AdvisorShares Sabretooth ETF","DAPP":"VanEck Digital Transformation ETF","BITW":"Bitwise 10 Crypto Index ETF","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","STCE":"Schwab Crypto Thematic ETF","BLOK":"Amplify Transformational Data Sharing ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","DIME":"CoinShares Altcoins ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF"},"translate_title":"区块链协会引用160名前官员推动《清晰法案》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BKCH":0.63,"DIME":0.63,"LFGY":0.63,"BITQ":0.63,"BLOK":1.5,"DAPP":0.74,"BITW":0.63,"CRPT":0.63,"GDLC":0.63,"TEKX":0.63,"NCIQ":0.63,"STCE":0.63},"content_text":"Blockchain Association has rallied support from 160 former national security and law enforcement officials for the CLARITY Act as the crypto market structure bill awaits consideration by the full U.S. Senate.\n\n\nSummary\n\n\n\nA Blockchain Association letter backed by 160 former national security and law enforcement officials has urged the Senate to pass the CLARITY Act.\nSupporters said the bill would expand anti-money laundering, sanctions compliance, and information sharing tools across the digital asset sector.\nThe CLARITY Act is currently awaiting a full Senate vote after advancing through the Senate Banking Committee.\n\n\n\nAccording to a letter sent Tuesday by the Blockchain Association to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer, former officials from national security and law enforcement backgrounds urged lawmakers to approve the legislation, arguing that it would strengthen oversight of digital asset markets rather than weaken it.\n\n“The United States has long led the world by pairing innovation with the rule of law. The Clarity Act advances that tradition. It strengthens American competitiveness, protects American consumers, supports American law enforcement, and reinforces America’s role as the global standard-setter for financial integrity and technological leadership.\nWe urge the Senate to advance the Clarity Act and to support a framework that strengthens both law enforcement capabilities and our national security.” \n– Excerpt from the Blockchain Association letter.\n\nThe group said the CLARITY Act contains provisions that expand law enforcement tools and financial crime prevention measures across the crypto sector. In the letter, signatories argued that the legislation would improve investigators’ ability to track illicit activity while bringing more digital asset activity under U.S. regulatory supervision.\nSupport for the bill comes as lawmakers continue debating the measure’s final form. Discussions in Congress have included whether ethics restrictions should be added to limit elected officials’ participation in crypto-related business ventures, an issue that has drawn attention because of President Donald Trump’s digital asset interests.\nFormer officials back enforcement provisions\nWithin the letter, the officials highlighted several sections they believe would strengthen compliance and enforcement efforts, including expanded obligations tied to the Bank Secrecy Act and U.S. sanctions rules, along with Treasury Department-led information sharing between government agencies and private sector participants.\nThe proposal would also establish a permanent interagency working group dedicated to crypto-related illicit finance investigations, according to the letter.\nDescribing the bill as an enforcement measure rather than a rollback of oversight, the signatories wrote that the provisions are intended to improve compliance, accountability, coordination, and visibility throughout digital asset markets.\nSeparately, the Blockchain Association said it plans to increase its advocacy efforts in Washington. The organization is preparing meetings across 18 Senate offices and will host a virtual town hall on Thursday focused on the bill’s law enforcement and national security implications.\nScheduled participants include Senator Cynthia Lummis, Representative Tom Emmer, and Patrick Witt, executive director of the White House President’s Council of Advisors for Digital Assets.\nThe Blockchain Association has remained active on several policy issues in Washington this year. In April, the group’s executive vice president of legal and government relations, Ashok Pinto, urged the Federal Reserve to formally remove “reputation risk” from bank supervision rules, arguing that the standard had contributed to debanking concerns affecting crypto firms and created uncertainty for regulated businesses.\nCLARITY Act advances toward Senate debate\nMomentum around the legislation has increased since the Senate Banking Committee approved the CLARITY Act in a 15-9 bipartisan vote in May. As previously reported by crypto.news, the bill has since been placed on the Senate Legislative Calendar, making it eligible for floor consideration once Senate leadership schedules debate.\nSenator Lummis has previously said the legislation could help settle the long-running jurisdictional dispute between the SEC and CFTC over digital asset oversight. Coinbase has also described the bill as nearing completion, while institutional investors have already begun trading on its prospects through prediction market contracts facilitated by Galaxy Digital.\n\n\n\n\n\n                Read more:\n            \n\n                U.S. Treasury sanctions Iran’s largest crypto exchange Nobitex","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640397116","isCrawlerRequest":true}