Coinbase Defends CLARITY Act, Says Bill Strengthens U.S. National Security Rather Than Weakening It

TL;DR Coinbase argues the CLARITY Act would strengthen, not weaken, U.S. national security by bringing crypto platforms under clearer federal oversight. Coinbase says the legislation requires strict AML compliance, enhances Treasury sanctions enforcement powers and increases FinCEN resources. Senator Elizabeth Warren continues to warn that the CLARITY Act could create opportunities for sanctions evasion. Supporters, [...]

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