First reported by news.bitcoin.com
Clarity Act Faces Critical Senate Deadline as Crypto Advocates Ramp up Pressure
Existing Law Already Covers Crypto AML. The Current Clarity Act Would Create New Gaps.
By
Will Bonner
1h agoen
Source
Bank Policy InstituteExisting Law Already Covers Crypto AML. The Current Clarity Act Would Create New Gaps.bpi.comSome crypto advocates argue that Congress must pass the Clarity Act to create an anti-money laundering framework for digital assets because in their view, Congress has not to date weighed in on the specific AML requirements that should apply to crypto. That’s not true. That framework already exists: the Treasury Department has authority today to … The post Existing Law Already Covers Crypto AML. The Current Clarity Act Would Create New Gaps. appeared first on Bank Policy Institute .
You might also wanna read
The CLARITY Act Stalls: American Consumers Left Behind in Crypto Regulation Debate
Alex Tapscott discusses how the CLARITY Act, a bill aimed at establishing clear rules for digital assets in the U.S., has stalled due to pol
coindesk.com·1mo ago
CLARITY Act Gains Bipartisan Support as Lawmakers Push for US Crypto Regulation Framework
The CLARITY Act (Digital Asset Market Clarity Act) is gaining momentum with broad support from lawmakers including Senate Banking Committee
briefly.co·1mo ago
Trump Says He Will Codify Crypto Regulation Through CLARITY Act to Block Future Rollbacks
President Donald Trump posted on Truth Social that he intends to codify a "future-proof digital asset market structure," likely referencing
cointelegraph.com·1mo agoClarity Act Faces Critical Senate Deadline as Crypto Advocates Ramp up Pressure
news.bitcoin.com·5h ago
Senator Lummis Warns US Crypto Leadership at Risk Without CLARITY Bill Passage
Wyoming Senator Cynthia Lummis warns that the United States risks losing its leadership position in cryptocurrency to countries like China i
cointelegraph.com·1mo ago
Crypto's Clarity Act faces tight Senate timeline with only eight weeks of floor time before midterm elections
The Digital Asset Market Clarity Act, the crypto sector's top policy priority, faces a tight timeline for passage in the U.S. Senate with on
coindesk.com·1mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.