Largest US Police Union Backs CLARITY Act
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 addressed its previous concerns about law enforcement authority.
- The FOP said the provision would not interfere with law enforcement agencies' investigations into illegal activity involving virtual assets, or cryptocurrencies, underscoring that it does not weaken investigative authority.
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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 union said in a statement that Section 604 of the Blockchain Regulatory Certainty Act, or BRCA, amendment included in the CLARITY Act addressed its earlier concerns about law enforcement authority.
The union added that the provision would not hinder law enforcement agencies from investigating illegal activity involving virtual assets, or cryptocurrencies, and would not undermine investigative powers.
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