Catholic leaders, US authorities challenge CLARITY Act over illicit activity
“Regulatory certainty should not come at the expense of accountability, transparency, victim protection, or public safety,” the law enforcement associations said.
A group of law enforcement organizations and a coalition of Catholic organizations have become the latest two groups urging caution over the US CLARITY Act, which is heading for a key hearing in July.
In letters sent Tuesday, four law enforcement organizations reached out to White House officials with concerns that the CLARITY Act could create oversight gaps when it comes to illicit activity.
“Regulatory certainty should not come at the expense of accountability, transparency, victim protection, or public safety,” they said. The Alliance to End Human Trafficking, founded by US Catholic Sisters, said these oversights could make it harder to crack down on human trafficking.
Source: Cointelegraph →Related News
- 21 minutes ago
OpenPayd secures MiCA license as stablecoin adoption grows in Europe
- 1 hour ago
US nears ban on CBDCs until 2030 as housing bill goes to Trump
- 3 hours ago
Senate Dems urge probe into $500M crypto deal between Trumps, UAE
- 4 hours ago
StarkWare introduces 'Private KYC' to address personal data breaches
- 4 hours ago
CFTC sues Kentucky after state’s prediction market lawsuits
