Blockchain Association sends letter to Senate leaders defending CLARITY Act

The Blockchain Association sent a letter to Senate Majority Leader John Thune and Chuck Schumer, pushing back against the National Sheriffs' Association's criticism of the CLARITY Act. The letter argues the bill does not create a 'blanket exemption' for DeFi and strengthens AML enforcement, citing $3B in funding for law enforcement over five years.

Detected & updated continuously · Source: Nebula

Story subjects

Blockchain AssociationJohn ThuneChuck SchumerSenate leaderslaw enforcementCLARITY ActNational Sheriffs' AssociationNational Storage Affiliates TrustCrypto Clarity Act

Sources

@SolanaInstitute

The Clarity Act is good for law enforcement, and a large swath of it is unified in support. FOP, NOBLE, Major Cities Chiefs, and 160 former national security officials say the Clarity Act gives them better tools, not fewer. Read @BlockchainAssn's response to NSA:

@MetatronInc

Blockchain Association counters National Sheriffs' group claims as pivotal week for Clarity Act unfolds - The Block https://t.co/Ytm5btCLr3

@blckchaindaily

🚨 BLOCKCHAIN ASSOCIATION SENDS LETTER TO SENATE LEADERS THUNE AND SCHUMER PUSHING BACK ON NATIONAL SHERIFFS' ASSOCIATION CLAIMS ABOUT CLARITY ACT

@InvestWithD

🚨 UPDATE: Blockchain Association OFFICIALLY REJECTS the National Sheriffs’ Association’s Clarity Act Claims 🤯🇺🇸 @BlockchainAssn has sent an OFFICIAL LETTER to Senate leaders DIRECTLY challenging the National Sheriffs’ Association’s opposition and ARGUING that its claims about https://t.co/UiRzSWAg0v

@RipBullWinkle

The Blockchain Association just sent an official letter to Senate leaders pushing back on the National Sheriffs' Association's opposition to the Clarity Act. Crypto's legal future — including $XRP — runs through this bill. The industry is not staying quiet.

@coinbureau

🚨JUST IN: The Blockchain Association has sent a letter to Senate Majority Leader Thune rebutting each point of the National Sheriffs' Association's claims about the CLARITY Act. The group argues the NSA's July 31 letter mischaracterizes the bill's treatment of DeFi, crypto https://t.co/fRzwI8TTUq

@CryptoTimes_io

JUST IN: The Blockchain Association has pushed back against criticism of the CLARITY Act, sending a letter to Senate Majority Leader Thune rebutting the National Sheriffs' Association's claims. The group says the NSA's July 31 letter misrepresents the bill's approach to DeFi, https://t.co/hA6bzc0r3P

@CoinMarketCap

LATEST: 🇺🇸 The Blockchain Association pushed back on the National Sheriffs' Association's CLARITY Act concerns, pointing to $3B in law enforcement funding included in the bill for state and local agencies. https://t.co/w4mIIhjtbF

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