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Crypto rules as national security: the argument behind the Clarity Act

8/9/2026

The United States faces a choice on digital asset regulation, and supporters of the Clarity Act are framing the stakes directly: fail to pass a domestic framework, and crypto activity migrates to foreign venues beyond the reach of American courts and law enforcement.

The Clarity Act is proposed legislation that would establish rules for digital asset markets in the US.

Its backers have labeled the absence of that framework a national security risk, arguing offshore migration strips American authorities of visibility into financial flows they currently oversee.

Who benefits if Congress holds back The beneficiaries, according to the bill's supporters: lightly regulated foreign venues operating outside American jurisdiction.

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