National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill
Bitcoin Magazine
National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill
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 issuing or promoting crypto, something opposition lawmakers previously had issue with. On Wednesday, Senator Warren, a long-time crypto critic, said that the latest bill would allow President Donald Trump to make money from crypto, as well as benefit criminals.
“The latest version of the ‘Clarity Act’ includes several provisions that improve the ability of State and local law enforcement to protect consumers, investigate financial crimes, and coordinate with their Federal partners,” the letter read.
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