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CLARITY Act Gets MCCA Endorsement, Odds Stay at 30%
The Major Cities Chiefs Association endorsed the CLARITY Act after revisions. Senate odds remain at 30% as Democrats push amendments on ethics and DeFi.
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The Major Cities Chiefs Association endorsed the CLARITY Act on Wednesday, adding a law enforcement voice to the crypto bill's coalition even as its Senate passage odds remained at 30%. The group, which represents police chiefs from the largest U.S. cities, said the latest draft addresses previous concerns about federal enforcement tools.
"The inclusion of these provisions represents a meaningful step toward improving the ability of law enforcement to investigate financial crimes involving digital assets," the MCCA wrote in a letter to Senators Tim Scott and Elizabeth Warren.
The endorsement marks a reversal. The MCCA had previously opposed the Blockchain Regulatory Certainty Act, a provision within the CLARITY Act that shields software developers from liability for user conduct. The revised bill, the group said, now includes state and local enforcement agencies in Sections 10203, 10204, and 10309.