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Wire · regulatory

Law Enforcement Has One Major Concern With Congress' Crypto Bill

19 July 2026 · By · Wire by Fusion42

Published

19 July 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at lawenforcementtoday.com →

◆ Verified

Fusion42 · 19 July 2026 · Fusion42 review

Law enforcement groups representing 70,000+ officers support the Digital Asset Market Clarity Act but are flagging four specific gaps: weak DeFi exemptions (Section 604), missing anti-money laundering safeguards, loopholes for mixers and tumblers, and unclear investigative authorities. Closing these gaps is now a prerequisite for Senate passage.

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

◆ ◆ The Wire takeaway

If you run a DeFi platform or mixer, Section 604 is your current loophole - and law enforcement just handed Congress a blueprint to close it, starting with the Senate Banking Committee. The bill dies or gets tightened in the next 60 days; there's no middle ground.

◆ Coverage

1 source · 19 Jul 2026

◆ Related on Wire

◆ Topics

Fintechcrypto-regulationcompliance-gapaml-enforcementdefi-oversightsenate-bill