Police unions just backed the new Clarity Act.
Why? Because the revised language still lets them investigate crypto crimes without neutering enforcement tools.
This is actually huge. One of the biggest FUD points against crypto regulation was "criminals will run wild." Now law enforcement is literally saying "we're good with this."
Means the bill isn't some crypto anarchist fantasy. It's workable policy that keeps the cops happy while giving the industry breathing room.
Bullish for regulatory clarity. Removes a major political attack vector. If the FOP is cool with it, moderates in Congress have way less reason to block it.
Still gotta see if it actually passes but this endorsement matters more than people think.
Why? Because the revised language still lets them investigate crypto crimes without neutering enforcement tools.
This is actually huge. One of the biggest FUD points against crypto regulation was "criminals will run wild." Now law enforcement is literally saying "we're good with this."
Means the bill isn't some crypto anarchist fantasy. It's workable policy that keeps the cops happy while giving the industry breathing room.
Bullish for regulatory clarity. Removes a major political attack vector. If the FOP is cool with it, moderates in Congress have way less reason to block it.
Still gotta see if it actually passes but this endorsement matters more than people think.