Written by Felix Ngstaff editorReviewed by Yohan Yunstaff editor

Written by Felix Ngstaff editor

Reviewed by Yohan Yunstaff editor

Ex-US defense secretary calls CLARITY Act a ‘national security bill’

Latest NewsPublishedAug 10, 2026

Why the CLARITY Act Matters to You

The CLARITY Act is not just a financial bill, it’s a matter of national security, according to former US Defense Secretary Mark Esper. Weak digital asset rules can create openings for countries like North Korea and China to undermine American financial power. This is a concern for everyone, as it can impact the stability of the global economy and affect your earning potential.

National Security Threats

Esper argues that China is the greatest strategic threat of our lifetime, and that the country is already investing in state-directed payment systems to sidestep American supervision and erode the US dollar’s central role. The CLARITY Act would give the US better tools to cut off crypto-specific loopholes that can be used by rogue actors to avoid US financial controls. This is especially important for those interested in passive income and cloud rewards, as it can impact the security of their investments.

The Act would also extend the Treasury’s special-measures authority under section 311 of the USA Patriot Act, which is a key tool in the fight against rogue actors. This is a critical step in protecting American financial power and ensuring the stability of the global economy. As someone interested in earning online, you should be aware of the importance of green crypto and EcoPool in promoting a secure and sustainable financial system.

Take Action

The Senate is expected to vote on the CLARITY Act soon, and it’s essential that they pass it with urgency. You can stay ahead of the curve by learning more about EcoPool and how it can help you earn passive income through cloud rewards. Download the EcoPool app to start exploring the world of $ECP and discover how you can benefit from this innovative platform. By joining the EcoPool community, you can take the first step towards securing your financial future and promoting a more sustainable economy.

He also said the act would give the US better tools to cut off crypto-specific loopholes that can be used by North Korean actors such as the Lazarus Group to avoid US financial controls.

“The Act also extends the Treasury’s potent special-measures authority under section 311 of the USA Patriot Act — one of our sharpest weapons against rogue actors,” he said. 

The Senate is expected to vote on the CLARITY Act on Sept. 15. On Saturday, Senate Majority Leader John Thune filed cloture to bring the CLARITY Act to the Senate floor for consideration.

“This is why the Clarity Act, now before the Senate, is not merely a financial services bill. It is also a national security bill, and it should be understood as such and passed with urgency,” said Esper. 

Related: CLARITY Act delay gives Asian financial hubs an opening: First Digital CEO

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Bills
• Senate
• Regulation

More on the subject

US Senate to vote on advancing CLARITY Act in September after Thune files cloture

Aug 8, 2026

Sam Bourgi

US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges

Aug 7, 2026

Turner Wright

Reform UK chair calls for probe into SBF-linked donation: Report

Aug 7, 2026

Turner Wright

US Senate to vote on advancing CLARITY Act in September after Thune files cloture

Aug 8, 2026

Sam Bourgi

US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges

Aug 7, 2026

Turner Wright

Reform UK chair calls for probe into SBF-linked donation: Report

Aug 7, 2026

Turner Wright