5 corruption gaps Congress must close in the Clarity Act
An opinion piece argues that the U.S. Digital Asset Market Clarity Act contains five significant loopholes that could facilitate money laundering and sanctions evasion. The author calls for stricter oversight of decentralized platforms to prevent misuse by entities like North Korean hackers.
Why it matters
As crypto regulation evolves, balancing innovation with national security and financial integrity is a major policy challenge.
Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email 5 corruption gaps Congress must close in the Clarity Act The most consequential crypto legislation in the world is moving forward in the U.S. Senate. As written, it leaves the United States exposed to money laundering, sanctions evasion, and conflicts of interest at the highest levels of government, argues Greytak. By Scott Gretytak | Edited by Betsy Farber Jun 9, 2026, 3:30 p.m. 4 min read Make preferred on U.S. Capitol in Washington (Jesse Hamilton/CoinDesk) The Digital Asset Market Clarity Act, which cleared the Senate Banking Committee on May 14 , will set the rules of the road for an industry that has grown faster than the laws meant to govern it.
The article advocates for increased government regulation and oversight, which is generally aligned with a more interventionist policy stance.
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