The Blockchain Association and 160 former officials urge the US Senate to pass the CLARITY Act, citing stronger oversight and enforcement tools.
Crypto Regulation News
The Blockchain Association is pushing the US Senate to pass the CLARITY Act. The group sent a letter in support of the bill to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer on June 2.
The group made one main argument. It said the CLARITY Act would expand law enforcement and financial crime prevention across the crypto sector.
Bill Frames Crypto Rules as Enforcement Tools
The letter listed specific measures in the bill, including expanded Bank Secrecy Act and sanctions duties for the industry. The bill would also set up Treasury-led information-sharing between agencies and private firms. It calls for a permanent working group focused on illicit crypto finance as well.
The group stressed that the bill adds oversight rather than removing it. "These are not deregulatory measures," the letter said. It described the provisions as tools to improve visibility, coordination, and accountability.
The CLARITY Act cleared the Senate Banking Committee in May 2026 and now waits for a vote in the full Senate. The association is also widening its outreach in Washington. It plans meetings across 18 Senate offices, and will host a virtual town hall on June 4 to discuss how the bill supports law enforcement. Senator Cynthia Lummis, Majority Whip Tom Emmer, and White House digital assets director Patrick Witt are set to take part.
