National Security Groups Warn Crypto Legislation Poses Big Security Risks
The crypto market has enjoyed a handful of big legislative wins this year, but a group of security experts is flagging one of the major bills as a big national security risk.
In a letter to US Senator Majority Leader John Thune and Sen. Charles Schumer, Transparency International US urged lawmakers to reexamine some parts of the digital asset market structure legislation currently under consideration on Capitol Hill.
Their concerns are focused on the Digital Asset Market Clarity Act (CLARITY Act) and the Responsible Financial Innovation Act (RFIA).
In the letter, which was also signed by the Free Russia Foundation, Financial Accountability and Corporate Transparency Coalition, and Nate Sibley, the director of…
