Crypto
National Sheriffs Association Shifts Stance on CLARITY Act to Neutral
The National Sheriffs' Association has changed its stance on the Digital Asset Market Clarity Act from opposition to neutral, removing one of the louder institutional critics of the bill.
The shift does not amount to an endorsement, but it removes a law-enforcement group that had spent months warning senators that parts of the bill could make crypto crime harder to investigate.
The association's earlier objections focused on provisions it believed could weaken law enforcement's ability to trace transactions and recover money linked to fraud and other crimes.
The sheriffs were particularly concerned about proposed exemptions affecting crypto mixers and certain registration requirements.