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The Major County Sheriffs of America has withdrawn its opposition to the CLARITY Act, a federal cryptocurrency market-structure bill, according to a report.
The organization is not a full convert, however: it says it wants the legislation amended before passage to direct more resources toward local law enforcement's ability to investigate illicit finance cases.
A Conditional Retreat, Not an Endorsement The distinction matters in Washington horse-trading. Dropping opposition clears one obstacle from a bill's path without delivering active lobbying support.
The Major County Sheriffs of America — a national association representing elected sheriffs in large jurisdictions — had previously stood against the CLARITY Act.
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