Crypto Innovation Must Not Come at the Expense of National Security

The article argues against the current form of the CLARITY Act for crypto, highlighting that broad exemptions for crypto actors would hinder law enforcement and national security efforts to track illicit financing tied to hostile states and criminal groups. It underscores the threat posed by sanctioned regimes using crypto for illicit activities and calls for stronger KYC and AML standards to maintain financial system integrity and public safety.

This Wire brief sits within Fusion42's coverage of Fintech.