NSA Shifts Stance on CLARITY Act, Moves to Neutral
The National Sheriffs' Association (NSA) has withdrawn its opposition to the Digital Asset Market Clarity (CLARITY) Act, shifting to a neutral stance on the bill. In a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer, the NSA cited the complexity of the legislative process and the significant work undertaken by lawmakers, the Administration, and stakeholders to address legal, regulatory, and enforcement considerations tied to the bill.
The NSA had previously expressed concern over amendments that would exempt crypto mixers from multiple registration requirements. However, its leadership believes it is more constructive to let the legislative process continue as Congress seeks to build a clearer regulatory structure for digital assets.
With the Senate nearing its return to session, procedural moves have signaled an effort to bring the bill to the floor. Senate leaders have taken steps toward a vote, with Thune filing a motion to hold cloture after senators return from state work periods.