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The Clarity Act will help combat fraud, Ramis said.
@SenLummis emphasized, "The Clarity Act" provides the necessary legal benchmarks for law enforcement agencies to successfully prosecute bad actors in the digital asset market.
The senator believes that without these standardized rules, federal agencies previously lacked the jurisdictional leverage to ensure criminal charges hold up in court.
In a market without rules, you cannot prosecute fraud. The Clarity Act provides law enforcement with the standards needed to make cases stick.