• About
  • FAQ
  • Landing Page
Newsletter
CryptoMarketNews.club is a website that reports daily blockchain news and offers practical crypto guides.
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
CryptoMarketNews.club is a website that reports daily blockchain news and offers practical crypto guides.
No Result
View All Result
Home Bitcoin

First Law Enforcement Group Backs CLARITY Act as Lummis Continues to Press for July Senate Vote

admin by admin
03/07/2026
in Bitcoin
0
First Law Enforcement Group Backs CLARITY Act as Lummis Continues to Press for July Senate Vote
193
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin’s Splintered BIP-110 Fork Falls Behind by 18 Blocks

Bitcoin’s Splintered BIP-110 Fork Falls Behind by 18 Blocks

09/08/2026
Bitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%

Bitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%

04/08/2026


Key Takeaways

  • NOBLE endorsed the Clarity Act on July 2, the first major law enforcement group to back the crypto bill.
  • Senator Lummis is pressing for a July Senate vote, with a July 13-Aug. 7 window before the August recess.
  • The bill needs 7 Democratic crossovers to reach 60 votes; Galaxy Research puts 2026 passage odds at 50%.

An Unexpected Ally

The National Organization of Black Law Enforcement Executives (NOBLE) publicly endorsed the Digital Asset Market Clarity Act on July 2, becoming the first major law enforcement organization formally backing the market-structure legislation. Journalist Eleanor Terrett first reported the endorsement, which arrived in a letter to Senate lawmakers as negotiations on the bill’s final text entered their closing stretch.

The National Organization of Black Law Enforcement Executives (NOBLE) recently released a statement endorsing the CLARITY Act.
Image source: National Organization of Black Law Enforcement Executives

The backing lands at a time when Wyoming Republican Senator Cynthia Lummis, one of the bill’s leading champions, postured the legislation the same day as a matter of national competitiveness, adding:

“America has led every great technological revolution; the railroad, the internet, the smartphone. Digital assets are next. The Clarity Act makes sure we don’t hand that lead to someone else.”

Law enforcement support addresses one of the loudest criticisms of the 309-page bill, i.e. it could weaken tools for policing illicit finance. In its letter, NOBLE argued the opposite, writing that the legislation “preserves existing criminal justice authorities while adding investigative tools for digital-asset cases.”

What the Letter States Exactly

For starters, NOBLE’s endorsement singles out the bill’s enforcement architecture, pointing to anti-money laundering (AML) and Bank Secrecy Act coverage for digital-asset intermediaries under Section 201, sanctions enforcement tools in Section 303, and Section 305 authority for temporary holds on suspicious transactions.

The organization also addressed Section 604, which houses the Blockchain Regulatory Certainty Act (BRCA), a provision shielding non-custodial software developers from money-transmitter licensing. Rather than treating it as a loophole, NOBLE noted:

“[The bill would] expand regulatory obligations for digital-asset industry participants, strengthen digital-asset seizure authority and transparency, and tighten oversight of virtual-asset kiosks.”

That language goes directly against warnings issued by Senator Elizabeth Warren, the Massachusetts Democrat who voted against the measure when the Senate Banking Committee advanced it 15-9 in May. With the first major police organization now on the record saying the legislation strengthens rather than starves enforcement, the illicit-finance argument becomes harder to press on the floor.

The Clock Is the Real Opponent

As Bitcoin.com News reported earlier this week, Senate Republican leadership is racing to pass the bill before the August recess, with a critical four-week window running from July 13 to Aug. 7. The National Defense Authorization Act could consume the week of July 13, potentially pushing the Clarity Act’s floor time to late July or early August (and a miss before recess would dim passage prospects into 2027).

The vote math remains tight, as Republicans hold 53 seats, meaning at least seven Democratic crossovers are needed to clear the 60-vote filibuster threshold. Galaxy Research puts the odds of passage this year at roughly 50%. Senate Banking Committee Chair Tim Scott and Majority Leader John Thune are coordinating the floor schedule, while Lummis has publicly set July as her deadline for a vote.

Regardless, the NOBLE endorsement gives wavering Democrats a law enforcement constituency, rather than the crypto industry, vouching for the bill’s investigative teeth. Whether that is enough to pry loose seven votes may become clear within the coming few weeks.





Source link

Share77Tweet48

Related Posts

Bitcoin’s Splintered BIP-110 Fork Falls Behind by 18 Blocks

Bitcoin’s Splintered BIP-110 Fork Falls Behind by 18 Blocks

by admin
09/08/2026
0

Key TakeawaysRoughnecks mined BIP-110 blocks 961632 and 961633 as Bitcoin’s dominant chain raced ahead.Bitcoin’s 127.48 trillion difficulty leaves Roughnecks’ minority...

Bitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%

Bitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%

by admin
04/08/2026
0

Key TakeawaysBitdeer signed a 16-year, $4.7B AI deal for 121MW at Norway’s Tydal campus.Bitdeer shares jumped 12% as miners shift...

Bitget Quits Japan, Forces Traders to Exit by Year’s End – Bitcoin News

Bitget Quits Japan, Forces Traders to Exit by Year’s End – Bitcoin News

by admin
03/08/2026
0

Key TakeawaysBitget will force-close all Japan positions by Dec. 31, 2026, per an Aug. 2 notice.Japan’s FSA warned Bitget in...

Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack

Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack

by admin
02/08/2026
0

Key TakeawaysCoinkite emailed buyers dating back to 2019 to warn of a bug, sparking anger over data retention.Users slammed the...

Blackrock, Fidelity Lead $265M Bitcoin ETF Outflows as Ether Gains

Blackrock, Fidelity Lead $265M Bitcoin ETF Outflows as Ether Gains

by admin
01/08/2026
0

Key TakeawaysU.S. spot bitcoin exchange-traded funds (ETFs) saw $265.4 million in net outflows on July 31, led by Blackrock’s IBIT.Spot...

Load More
  • Trending
  • Comments
  • Latest
Newly (Re)released Game Allows Players to Simulate Bitcoin Mining and Earn BTC

Newly (Re)released Game Allows Players to Simulate Bitcoin Mining and Earn BTC

04/03/2023
Ethereum retests $2,100, but could ETH crash amid technical breakdown?

Ethereum retests $2,100, but could ETH crash amid technical breakdown?

21/05/2026
Hyperliquid (HYPE) Integration As The Catalyst For Real Supply-Share Gain

Hyperliquid (HYPE) Integration As The Catalyst For Real Supply-Share Gain

21/05/2026
Margex Teams Up With ChangeNow – The No KYC Dynamic Duo of Crypto Exchanges

Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

04/03/2023

US Commodities Regulator Beefs Up Bitcoin Futures Review

0

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
CLARITY Act Heads Toward Key US Senate Procedural Vote

CLARITY Act Heads Toward Key US Senate Procedural Vote

09/08/2026
XRP and XLM Are Both Testing Breakouts at the Same Time: Which One Actually Holds?

XRP ETF Inflows Have Collapsed 79% Since May as the CLARITY Act Stalls, Is $1 About to Break?

09/08/2026
Bitcoin’s Splintered BIP-110 Fork Falls Behind by 18 Blocks

Bitcoin’s Splintered BIP-110 Fork Falls Behind by 18 Blocks

09/08/2026
Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects

Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects

09/08/2026
CryptoMarketNews.club is a website that reports daily blockchain news and offers practical crypto guides.

© 2025-2026 Cryptomarketnews.Club

Navigate Site

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Contact Us

Follow Us

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2025-2026 Cryptomarketnews.Club