Wire · regulatory
Police Union Endorses Clarity Act as Three Crypto Backers Lobby Hits Senate
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Fusion42 · 25 July 2026 · Fusion42 review
The Digital Asset Market Clarity Act gained backing from the National Fraternal Order of Police and three major crypto organisations (Blockchain Association, Crypto Council, Digital Chamber) after law enforcement concerns were addressed in revised Section 10604. Senate passage odds remain low at 35-40% due to Democratic opposition and scheduling delays, with a floor vote expected 27 July.
This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.
◆ ◆ The Wire takeaway
If you run a crypto exchange, custodian or broker, the framework that protects your customers' funds in bankruptcy just moved from lobbying fiction to Senate floor. The FOP endorsement signals law enforcement has stopped blocking it—but Democratic votes still haven't moved, so you have days to push your customers' stories to Senate offices before 27 July.
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