CLARITY Act · White House · US Senate · CoinDesk
Tom Emmer brushes off law enforcement concerns over Clarity Act
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
★ Tier-1 Source
Latest developments: Emmer joined CoinDesk's The Policy Protocol and said the Senate’s bipartisan movement on the Clarity Act shows crypto legislation still has momentum despite growing uncertainty in Washington.
Key facts
- The debate: Emmer forcefully defended the Blockchain Regulatory Certainty Act (BRCA), which would shield some noncustodial software developers from money transmitter rules
- Worth watching: Emmer said Congress is still debating how much authority regulators like the SEC and CFTC should have over crypto markets
- Latest developments: Emmer joined CoinDesk's The Policy Protocol and said the Senate’s bipartisan movement on the Clarity Act shows crypto legislation still has momentum despite growing uncertainty
- Reading Emmer sought to frame crypto policy as a bipartisan issue rather than a partisan fight
Summary
Emmer pointed to the Senate Banking Committee’s 15-9 vote advancing the bill, arguing support extended beyond Republicans. He said the House has spent years refining crypto market structure legislation and described CLARITY as the fifth or sixth iteration of the effort. Emmer said lawmakers are trying to create clear distinctions between digital assets regulated as securities, commodities or cash equivalents. He predicted Congress would ultimately send the legislation to President Trump’s desk.