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06/20 02:39看漲

BPI calls CLARITY Act ‘illicit finance-friendly’

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BPI calls CLARITY Act ‘illicit finance-friendly’ A leading U.S. banking industry group has criticized the CLARITY Act’s approach to anti-money laundering compliance. It argues that the proposed crypto market structure bill leaves significant gaps across decentralized finance and other digital asset services. In a policy update published on June 19, the Bank Policy Institute [BPI] said the legislation would create a “lighter-touch AML regime” by applying anti-money laundering obligations only to certain digital asset brokers, dealers, and exchanges, while leaving other parts of the crypto ecosystem outside the framework. “This bill is not innovation-friendly; it is illicit finance-friendly,” the organization wrote. The comments come as lawmakers continue debating the CLARITY Act, one of the most significant crypto market structure proposals currently under consideration in Washington.

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