Nearly 100 Catholic leaders said they oppose Section 604 of the Clarity Act in a letter sent to Senate leaders.
According to NS3.AI, the Alliance to End Human Trafficking argued that the provision tied to the Bank Secrecy Act could hinder investigations into crypto-related crime.
Digital Chamber CEO Cody Carbone said Section 604 is intended to clarify that non-custodial developers are not money transmitters.
Catholic Leaders Oppose Clarity Act Section 604 Over Concerns About Crypto Crime Investigations
2026-06-23 19:28:29
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