Blockchain Association Urges Senate to Pass Crypto Clarity Act

Highlights:

• The Blockchain Association pushed the Senate to advance the Clarity Act with backing from law enforcement experts.
• The letter says clear crypto rules can help authorities fight fraud and illicit finance.
• Supporters say the bill could keep responsible digital asset activity under U.S. oversight.

Blockchain Association has increased pressure on the U.S. Senate to move forward with the Digital Asset Market Clarity Act, also known as the Clarity Act. The crypto industry group released a letter on Tuesday, signed by 160 former national security, intelligence, and law enforcement professionals.

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Blockchain Association sent a letter to Senate Majority Leader John Thune and Senate Democratic Leader Chuck Schumer. It urged Senate leaders to advance the bill, saying clear rules for digital assets would help law enforcement and strengthen U.S. oversight of the crypto market.

The letter stressed that the crypto market structure is not only an industry issue. It is also a law-enforcement and national-security priority. The group said digital asset activity is growing worldwide, and the U.S. needs a clear framework to keep responsible crypto activity under U.S. rules.

1/ Today, we’re sending a letter to Senate Majority Leader Thune and Senate Democratic Leader Schumer signed by 160 former national security, intelligence, and law enforcement professionals in support of the Clarity Act.https://t.co/1lSQkoaaXI pic.twitter.com/JYP8DYIccl

— Blockchain Association (@BlockchainAssn) June 2, 2026

Law Enforcement Officials Support Clarity Act

The letter said the Clarity Act would improve authorities’ ability to combat financial crime in digital asset markets. It pointed to several parts of the bill that could help enforcement agencies. These include stronger compliance duties, better information sharing, and updated powers for asset seizure and forfeiture.

Blockchain Association said the bill would expand Bank Secrecy Act and sanctions obligations across digital asset markets. It would also support Treasury-led information sharing with the Department of Justice, Federal Bureau of Investigation, Drug Enforcement Administration, and the private sector.

The letter also supports a permanent interagency working group focused on illicit finance involving digital assets. It said such steps would help officials track and stop fraud, money laundering, sanctions evasion, terrorism financing, trafficking, and other crimes linked to crypto.

The group quoted the letter as saying, “Regulatory clarity is an enforcement advantage.” The statement shows the main argument from supporters of the bill. They believe clear rules would bring more activity into the U.S. system and make it easier for authorities to monitor risky behavior.

Blockchain Association Says Clarity Act Keeps Activity Onshore

Blockchain Association CEO Summer Mersinger said the U.S. should lead the future of digital assets by setting clear rules at home. She said the industry and law enforcement share the same goal of holding companies to strong compliance standards while giving officials better tools to target bad actors.

The group also warned that weak or unclear rules could push crypto activity to offshore markets. Those markets may be harder for U.S. agencies to monitor. Blockchain Association said the Clarity Act could reduce that risk by keeping more digital asset activity under U.S. laws and jurisdiction.

Lindsay Fraser, Chief Policy Officer at Blockchain Association, said the bill gives regulators and law enforcement a stronger base to combat illicit finance. She added that without clear rules, consumers, enforcement agencies, and responsible businesses all face disadvantages.

Senate Debate Continues Around Crypto Bill

The Clarity Act advanced out of the Senate Banking Committee in May and is now waiting for a full Senate vote. However, lawmakers are still debating some parts of the bill.

Today, Chairman @SenatorTimScott led Banking Committee Republicans and Democrats in a historic bipartisan markup to advance to Clarity Act, legislation that will establish clear rules of the road for digital assets. pic.twitter.com/FujDX2GnAd

— U.S. Senate Banking Committee GOP (@BankingGOP) May 14, 2026

Blockchain Association also plans to become more active in its relationship with the lawmakers. The group vowed to travel to Washington, D.C., for meetings held in 18 Senate offices, along with letter signatories. It will also hold a virtual town hall on June 4 to discuss the Clarity Act and how it benefits consumer protection, the U.S., and law enforcement.

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