MCCA Backs Revised CLARITY Act After Law Enforcement Concerns Addressed
The Major Cities Chiefs Association (MCCA) has endorsed the revised CLARITY Act after reviewing multiple drafts.
The association said new law enforcement provisions addressed concerns raised during earlier discussions.
The updated bill expands information sharing, strengthens AML requirements, and creates a federal working group on illicit crypto activity.
The MCCA's endorsement comes as the Senate prepares to take up the legislation. The organization said its subject matter experts reviewed every version of the bill before concluding that the latest draft contains meaningful improvements for investigators handling digital asset-related crimes.