US law enforcement group drops opposition to CLARITY Act: Report
CoinTelegraph·
60-second summary
The Major County Sheriffs of America has dropped its opposition to the CLARITY Act, but still seeks amendments to provide local law enforcement with more resources to investigate illicit finance cases. The group wants greater funding and authority to tackle money laundering and terrorist financing. This shift may influence the bill's passage and impact on cryptocurrency regulation.
The Major County Sheriffs of America said it still wants the CLARITY Act amended to give local law enforcement more resources to investigate illicit finance cases.