Largest US Police Union Endorses CLARITY Act
JH Kim
Summary
- The Fraternal Order of Police (FOP), the largest police union in the US, has formally endorsed the CLARITY Act.
- In a statement, the FOP said Section 604 of the Blockchain Regulatory Certainty Act (BRCA) amendment resolves concerns about law enforcement authority.
- The FOP said the provision would not interfere with law enforcement investigations into illegal activity involving virtual assets, or cryptocurrencies.
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The Fraternal Order of Police, the largest police union in the US, has formally endorsed the CLARITY Act.
Binance News reported on July 24 that the FOP said in a statement that Section 604 of the Blockchain Regulatory Certainty Act, or BRCA, amendment included in the CLARITY Act resolves its previous concerns about law enforcement authority.
The group added that the provision would not interfere with law enforcement investigations into illegal activity involving virtual assets, or cryptocurrencies, emphasizing that the bill would not undermine investigative powers.
JH Kim
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