The Federal Law Enforcement Officers Association (FLEOA) has added its support to the Cryptocurrency Anti-Money Laundering Transparency of Unaccountable and Illicit Transaction Yield (CLARITY) Act. The legislation aims to provide law enforcement with greater authority to investigate and prosecute cryptocurrency-related crimes.
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The FLEOA endorsement comes just before the bill's expected push in the Senate, where it will face scrutiny from lawmakers and industry stakeholders.