Cops Back CLARITY Act, Still Give It 30% Odds of Crossing the Finish Line 🚔
The Major Cities Chiefs Association (MCCA), a national law enforcement group, has endorsed the latest version of the CLARITY Act, adding its support to a growing roster of stakeholders backing the digital asset market structure bill. In a letter addressed to Senate Banking Committee Chairman Tim Scott and Senator Elizabeth Warren, the MCCA cited revisions addressing prior law enforcement concerns, noting the new title includes additional law enforcement provisions and incorporates state and local enforcement agencies in Sections 10203, 10204, and 10309. The MCCA described the inclusion of those provisions as "a meaningful step toward improving the ability of law enforcement to investigate financial cri" — the text of the letter as published.
The endorsement comes as the bill's path through Congress remains uncertain. Prediction market data referenced in industry coverage places the odds of the legislation being signed into law by the end of the year at 30%, reflecting continued friction over several provisions. Democrats are pressing for amendments to the ethics and DeFi-related sections, with prosecutors publicly urging changes to the Blockchain Regulatory Certainty Act (BRCA) provision embedded in the broader package.
Supporters argue the revisions tighten coordination between federal regulators and state and local authorities on digital asset investigations, while critics maintain that portions of the DeFi framework require further clarification before the bill can advance. The CLARITY Act, which would assign clearer jurisdictional lines between the Securities and Exchange Commission and the Commodity Futures Trading Commission over digital assets, remains under negotiation in committee, and no floor vote has been scheduled.
The MCCA's letter adds institutional weight to the law enforcement coalition that has engaged with lawmakers on the bill, but the 30% passage probability underscores that endorsements alone have not resolved the outstanding policy disagreements. Stakeholders on both sides of the debate continue to lobby members of the Senate Banking Committee as negotiations proceed through the remainder of the congressional session.
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