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Crypto · · 8 min read

Title: Blockchain Association urges Senate to pass Clarity Act with letter from 160 former security officials

URL Source: http://www.theblock.co/post/403450/blockchain-association-letter-senate

Published Time: 2026-06-02T23:42:54-04:00

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Blockchain Association urges Senate to pass Clarity Act with letter from 160 former security officials | The Block

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Blockchain Association urges Senate to pass Clarity Act with letter from 160 former security officials

By Timmy Shen

Policy•June 2, 2026, 11:42PM EDT

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Quick Take

  • The Blockchain Association is ramping up pressure on the Senate to pass the Clarity Act with a letter signed by 160 former law enforcement officials.
  • The group is also set to organize a virtual town hall on Thursday to discuss the legislation.

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The Blockchain Association sent a letter on Tuesday to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer expressing strong support for the Clarity Act.

The letter, signed by 160 former national security and law enforcement officials, urged the Senate to pass the legislation.

"The Clarity Act expands law enforcement and financial crime prevention capabilities across the digital asset ecosystem," the letter said.

The Clarity Act passed the Senate Banking Committee last month and currently awaits a vote in the full Senate. Lawmakers continue to debate whether the bill should include ethics provisions that would restrict elected officials from participating in crypto ventures, a debate fueled in part by President Donald Trump's crypto business interests.

The Blockchain Association's Tuesday letter "makes the case that digital asset market structure is a law enforcement and national security priority," the organization wrote in a post on X.

"Clear rules bring activity under U.S. oversight, strengthen consumer protection, and help investigators catch bad actors," said the association.

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Specifically, the letter said the bill includes key anti-illicit finance and enforcement provisions, including expanded Bank Secrecy Act and sanctions obligations. The legislation would also establish Treasury-led information sharing among law enforcement agencies and private sector entities, as well as a permanent interagency working group focused on illicit finance involving crypto.

"These are not deregulatory measures," the letter added. "They are enhanced enforcement tools designed to improve visibility, coordination, compliance, and accountability across digital asset markets."

Meanwhile, the Blockchain Association plans to host a fly-in to Washington, D.C. for meetings across 18 Senate offices. It is also scheduled to organize a virtual town hall on Thursday to discuss how the bill supports law enforcement and national security.

The town hall is set to feature Senator Cynthia Lummis, Majority Whip Tom Emmer, and White House Executive Director of President's Council of Advisors for Digital Assets Patrick Witt.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Image 6: Timmy Shen### Timmy Shen

Timmy Shen is an Asia editor for The Block. Previously, he wrote about crypto and Web3 for Forkast.News from Taiwan after spending more than three years in Beijing covering finance, entertainment business and current affairs at Caixin Global and Chinese tech at TechNode. His China-related reporting has also appeared in The Guardian. When he's not chasing headlines, you'll find him savoring hot pot and shabu shabu in a Taipei local haunt. Timmy holds an MS degree from Columbia University Graduate School of Journalism. Send tips to tshen@theblock.co or get in touch on X/Telegram @timmyhmshen.

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