actpassed

Quick Take
The Blockchain Association is ramping up pressure on the Senate to pass the Clarity Act with a letter signed by 160 former law enforcement officials.
The group is also set to organize a virtual town hall on Thursday to discuss the legislation.
The Blockchain Association sent a letter on Tuesday to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer expressing strong support for the Clarity Act.
The letter, signed by 160 former national security and law enforcement officials, urged the Senate to pass the legislation.
"The Clarity Act expands law enforcement and financial crime prevention capabilities across the digital asset ecosystem," the letter said.
The Clarity Act passed the Senate Banking Committee last month and currently awaits a vote in the full Senate. Lawmakers continue to debate whether the bill should include ethics provisions that would restrict elected officials from participating in crypto ventures, a debate fueled in part by President Donald Trump's crypto business interests.
"Clear rules bring activity under U.S. oversight, strengthen consumer protection, and help investigators catch bad actors," said the association.
Meanwhile, the Blockchain Association plans to host a fly-in to Washington, D.C. for meetings across 18 Senate offices. It is also scheduled to organize a virtual town hall on Thursday to discuss how the bill supports law enforcement and national security.
The town hall is set to feature Senator Cynthia Lummis, Majority Whip Tom Emmer, and White House Executive Director of President's Council of Advisors for Digital Assets Patrick Witt.
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