The National Fraternal Order of Police supports the latest version of the CLARITY Act, stating that it will not weaken crypto enforcement capabilities.
Odaily reports that according to crypto journalist Eleanor Terrett, the Fraternal Order of Police (FOP) of the United States has sent a letter to Senate Banking Committee Chairman Tim Scott and senior member Elizabeth Warren, expressing support for the latest version of the CLARITY Act.
FOP stated that the revised Section 10604 of the Blockchain Regulatory Certainty Act (BRCA) has resolved its previous concerns regarding law enforcement authority, and the relevant clause will not restrict law enforcement officers' ability to investigate illegal activities related to digital assets. FOP represents over 382,000 law enforcement officers.
However, Eleanor Terrett pointed out that the BRCA portion in the latest version of the CLARITY Act has not actually been modified, so it is still unclear what specific "revised language" the FOP is referring to.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ - Australia's WhiteHawk rises after securing $1.05 million debt financing
Jim Cramer Names His ‘Sacred Stocks' and Why He Won't Sell Them
Crypto prices
More
