NSA Drops Opposition to CLARITY Act After Months of Negotiations

The National Sheriffs' Association (NSA) has dropped its opposition to the CLARITY Act, a landmark U.S. crypto market structure bill.

This development removes an obstacle that had complicated efforts to build bipartisan support for the legislation.

The NSA's September 3 letter to Senate leaders changed its position from opposition to neutral, citing the complexity of the legislation and the need for Congress to continue negotiating outstanding details.

The move could help with Democratic votes, but disputes over government ethics and other provisions remain unresolved.

Restrictions on government officials profiting from crypto remain a larger political hurdle facing the CLARITY Act.