U.S. Sheriff’s association shifts opposition stance to Clarity Act to 'neutral'

The law enforcement association said it has pivoted its position regarding the Clarity Act to neutral, months after it warned against a law it said would shield crypto crime.

• The National Sheriffs’ Association withdrew its opposition to the Digital Asset Market Clarity Act and adopted a neutral position, citing the bill’s complexity and unresolved details.
• The group had warned that the legislation could exempt crypto mixers, tumblers and decentralized finance platforms from anti-money-laundering rules, potentially enabling illicit finance.
• The shift removes a prominent law-enforcement critic before a September vote, though unresolved ethics provisions and the congressional calendar make passage before the November election unlikely.

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The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.