National Police Union Reverses Course to Back the CLARITY Act

National police union reverses course to back the CLARITY Act

A US police union representing more than 382,000 members has reversed its position and endorsed the latest CLARITY Act after lawmakers added language addressing its concerns about cryptocurrency investigations. According to former Fox Business reporter Eleanor Terrett, the National Fraternal…

Police Union Endorses Clarity Act as Three Crypto Backers Lobby Hits Senate - Invest In Crypto News

America’s largest police union, the National Fraternal Order of Police (FOP), and a trio of crypto organizations have openly supported the Digital Asset Market Clarity Act. In a July 24 letter, the FOP’s National President Patrick Yoes attributed the organization’s new stance to the revision of Section 10604 of the Blockchain Regulatory Certainty Act (BRCA). The latest compilation grants law enforcement agencies authority over crime in the digit…

382,000-Member Police Group Supports Revised Crypto CLARITY Act

The 382,000-member Fraternal Order of Police endorsed the revised CLARITY Act after lawmakers added protections for criminal investigations, suspicious transaction holds, and digital asset seizures, even as Senate Democrats withheld support from the latest draft. Nation’s Largest Police Labor Group Reverses Course The National Fraternal Order of Police (FOP) has endorsed the latest version of […]

Police Union Endorses Clarity Act as Three Crypto Backers Lobby Hits Senate

The largest police union in the US and a trio of crypto organizations have openly expressed their support for the CLARITY Act.

The Fraternal Order Of Police Supports The Clarity Act.

The National Fraternal Order of Police became the latest organization to throw its support behind the long-awaited Clarity Act.  In a statement Friday, specifically addressed to Democratic senators Elizabeth Warren and Timothy Eugene Scott, the fraternal organization wrote that it approved of the latest bill. The FOP works to improve the working conditions of law enforcement officers. The newest draft bans officials and their families from issui…

CLARITY Act Gains Police Support as Crypto Industry Rallies Behind Senate Bill

The CLARITY Act has gained a major endorsement after the National Fraternal Order of Police (FOP), one of the largest U.S. law enforcement organizations, announced its support for the latest version of the crypto market structure bill. The endorsement marks a significant shift after the group previously opposed the legislation due to concerns over decentralized finance (DeFi) provisions. Senator Cynthia Lummis shared the FOPs letter on X, reveal…