Category: CLARITY Act news

The National Fraternal Order of Police (FOP), the largest law enforcement organization in the United States, has weighed in on the CLARITY Act, sending a letter to lawmakers that argues against a specific part of the bill.  In the correspondence—signed by FOP President Patrick Yoes—the group says it strongly opposes Section 604, a provision that, […]

The long-awaited CLARITY Act is nearing a major turning point in Washington, with the Senate Banking Committee scheduled to hold its long-delayed markup on Thursday, May 14.  The bill’s path has already included significant setbacks. After major disputes emerged earlier in the year—when the committee first postponed action—the markup was pushed back following extended battles […]

The long-awaited CLARITY Act is moving closer to a final breakthrough, and senior administration officials say there is still a workable path to passage—potentially on a very specific date.  Speaking at CoinDesk’s Consensus conference in Miami on Wednesday, Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, laid out a timeline […]