Blockchain Association Backs CLARITY Act With 160 Former Officials

TLDR

• Blockchain Association backs CLARITY Act with 160 former officials.

• CLARITY Act gains security support as Senate debate moves forward.

  

• Former officials say CLARITY Act can strengthen crypto oversight.

• Blockchain Association pushes Senate action on crypto market rules.

• CLARITY Act support grows amid debate over enforcement provisions

Washington’s crypto policy debate gained fresh momentum after the Blockchain Association backed the CLARITY Act with new security support. The group sent a letter to Senate leaders on Tuesday, signed by 160 former national security and law enforcement officials. The letter framed the CLARITY Act as a market structure bill with clear enforcement and oversight value.

Former Officials Back Stronger Crypto Oversight

The Blockchain Association addressed the letter to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer. It urged the Senate to advance the CLARITY Act as the bill awaits full floor consideration. Moreover, the signatories said clear digital asset rules would support investigators and financial crime prevention teams.

The group argued that the CLARITY Act would bring more crypto activity under United States supervision. It also said the bill would improve consumer protection and strengthen market accountability. Additionally, the letter linked market structure rules with national security and law enforcement priorities.

The officials pointed to several enforcement provisions inside the bill. These include broader Bank Secrecy Act duties and stronger sanctions compliance obligations. Besides, the legislation would support Treasury-led information sharing between agencies and private sector firms.

Bill Moves Toward Senate Debate

The CLARITY Act already cleared the Senate Banking Committee last month in a bipartisan vote. It now sits on the Senate Legislative Calendar and remains eligible for floor debate. Senate leadership still needs to schedule formal consideration for the wider chamber.

Lawmakers continue to debate possible ethics provisions tied to crypto business activity by elected officials. The issue gained attention because of President Donald Trump’s digital asset interests. The final version of the CLARITY Act could still face political changes before passage.

Supporters say the bill could reduce the long-running oversight conflict between the SEC and CFTC. They argue that clearer agency roles would help firms follow rules and help regulators enforce them. Hence, the CLARITY Act remains central to Washington’s broader crypto market structure push.

Blockchain Association Expands Senate Push

The Blockchain Association plans to intensify its advocacy campaign in Washington. The group will hold meetings across 18 Senate offices as debate over the CLARITY Act continues. It also plans a virtual town hall focused on national security and law enforcement issues.

The event will include Senator Cynthia Lummis, Representative Tom Emmer, and Patrick Witt. Witt serves as executive director of the President’s Council of Advisors for Digital Assets. The session will explain how the CLARITY Act could support enforcement coordination.

The latest campaign adds pressure on Senate leaders to move the bill forward. It also places enforcement and national security at the center of the crypto policy debate. For now, the CLARITY Act remains one of Congress’s main vehicles for digital asset regulation.

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