Per Woofun AI, nearly 100 Catholic leaders representing church groups across the United States have formally opposed specific provisions within the 'Clarity Act,' a cryptocurrency market structure bill currently under legislative review. The coalition directed a letter to Senate Majority Leader John Thune and Democratic Leader Chuck Schumer, warning that certain clauses could erode regulatory safeguards designed to combat illicit financial flows associated with human trafficking and other crimes.

The Alliance to End Human Trafficking, which supports the coalition, emphasized that while emerging financial technologies offer potential benefits, responsible innovation must not compromise human dignity or public accountability. The letter reiterates the Catholic Church's longstanding position that economic systems should serve the vulnerable and those most susceptible to exploitation, rather than facilitating activities that undermine social welfare.