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Ex-US Defense Secretary Backs CLARITY Act as National Security Bill

August 10, 2026

2 min read

Key Takeaways

Former US Defense Secretary Mark Esper supports the CLARITY Act.
Esper argues weak digital asset rules aid North Korea and China.
The act aims to cut off crypto loopholes used by rogue actors.
Senate vote on the CLARITY Act expected on September 15.

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Strategic Implications

The CLARITY Act may indicate a shift in US policy towards digital assets, potentially strengthening national security by closing loopholes exploited by adversaries. This legislation could suggest a growing concern about the role of digital assets in geopolitical rivalries, which may have significant implications for the global financial system and the balance of power between nations.

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What Happened

Former Secretary Urges Senate To Pass Legislation To Counter China

Former US Defense Secretary Mark Esper has voiced his support for the CLARITY Act, emphasizing its importance as a national security bill. Esper argues that the lack of robust digital asset regulations creates vulnerabilities that can be exploited by nations like China and North Korea to undermine US financial power. The act, which is set to be voted on by the Senate on September 15, aims to provide the US with better tools to combat the misuse of digital assets by rogue actors. This development was reported by Cointelegraph.

Source | Originally Published: August 10, 2026

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