Published Sep 9, 2026, 9:52 AM ET · Updated 2 months ago · 1 source
Clarity Act makes AML and customer due diligence binding obligations for crypto exchanges
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Original Report
Under the Clarity Act, digital asset exchanges and brokers are treated as financial institutions under the Bank Secrecy Act, and the speaker's bill makes anti-money laundering programs and customer due diligence real obligations rather than voluntary suggestions.