Crypto security experts flag major risks in crypto market structure legislation

Global civil society organization Transparency International U.S. has urged lawmakers to reexamine some parts of the crypto market structure legislation. The bill is currently awaiting approval from Capitol Hill.

The organization expressed its concerns about the legislation in a letter to U.S. Senator Majority Leader John Thune and Senator Charles Schumer. Transparency International’s concerns are on the Digital Asset Market Clarity Act (CLARITY Act) and the Responsible Financial Innovation Act (RFIA).

Transparency International sees risks posed by the RFIA bill

The letter highlights the risks posed by the bills, with support from the Free Russia Foundation, Financial Accountability and Corporate Transparency Coalition, and Nate…

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