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CLARITY Act would open the door to crypto corruption

CLARITY Act would open the door to crypto corruption

Corporate interests and billionaire investors love to gamble with our financial system. When they do, it’s working people who end up paying the price. Our jobs, our homes and our hard-earned retirement savings take massive hits whenever the market collapses.

That is why the 16.5 million union members represented by the AFL-CIO — and working families across Maryland and D.C. — are deeply concerned about the cryptocurrency market structure bill moving through the U.S. Senate. The CLARITY Act, a bill that will allow volatile cryptocurrency assets to recklessly access our pensions and retirement investments, is being intensely considered in the Senate. This bill is bad for workers, putting working people’s financial security and…

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