Opinion: Greytak urges Congress to close five 'corruption gaps' in Clarity Act

Scott Greytak argues Congress should close five “corruption gaps” in the Digital Asset Market Clarity Act as it heads toward a U.S. Senate floor vote after clearing the Senate Banking Committee on May 14. In an opinion column, according to CoinDesk, he cites gaps covering DeFi oversight, a “Tornado Cash” loophole, stablecoin controls beyond the GENIUS Act, cross-border jurisdiction, and ethics rules to curb conflicts of interest. He points to Treasury findings that Tornado Cash laundered more than $455 million stolen by the Lazarus Group and U.N. reports of another $147.5 million.