MCSA shifts to neutral on CLARITY Act after Section 604 talks

The Major County Sheriffs of America dropped its opposition to the CLARITY Act, shifting to a neutral stance after discussions over Section 604. That section would exempt non-custodial developers and decentralized protocols from being classified as money transmitters. The bill already passed the House and cleared the Senate Banking Committee. A timeline for a floor vote remains unclear; the next milestone is the release of the bill text. The MCSA had previously opposed the bill. The group did not detail what changed in the Section 604 language. The neutral position removes a potential law-enforcement roadblock. The Senate needs 60 votes to advance past a filibuster. The committee chairman, Tim Scott, and subcommittee chair Cynthia Lummis have not announced a floor schedule.