Cortez Masto Backs Revised Clarity Act Amid Bipartisan Efforts
A bipartisan effort to pass the Clarity Act in the US continues to gain momentum as Democratic Senator Catherine Cortez Masto expresses support for proposed changes. The bill, which aims to codify crypto regulation and provide clarity on enforcement, has been stalled since last year.
The revised version of the Clarity Act includes amendments from law enforcement groups that seek to protect software developers from prosecution for illicit activities committed by others on their platforms.
Cortez Masto, along with two law enforcement groups, feels 'good' about the chance to resolve this issue once and for all, according to a POLITICO report. The changes have been sent to the White House, but some sticking points remain, particularly among Democrats.