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Senate Moves CLARITY Act, Allocates $150M for Crypto Fraud

Published 16 June 2026

A major cryptocurrency regulatory bill is advancing in the U.S. Senate with a significant new focus on funding law enforcement to combat fraud. The Digital Asset Market Clarity Act, or CLARITY Act, would allocate $150 million to agencies tracking illicit finance in digital assets, according to Senator Cynthia Lummis, a...

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