Sheriffs Lower Guns as CLARITY Act Advances

The National Sheriffs' Association (NSA) has shifted its stance on the CLARITY Act, no longer opposing it. This change comes just ten days before a crucial vote in the Senate scheduled for September 15, 2026.

Section 604 remains a contentious issue, protecting crypto software developers from being treated like fund managers. Some view this as beneficial to innovation advocates but others see it as a nightmare for those concerned with money laundering.

Alice Liu, head of research at CoinMarketCap, warns that the CLARITY Act could become a 'sell the news' event after its passage. She believes the market has already priced in the news, leading to a potential sell-off when the bill is voted through.