{"id":307679,"date":"2026-06-15T08:27:14","date_gmt":"2026-06-15T08:27:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/307679\/"},"modified":"2026-06-15T08:27:14","modified_gmt":"2026-06-15T08:27:14","slug":"dominic-calabro-remove-the-darkness-in-congress-clarity-act-to-protect-florida-seniors","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/307679\/","title":{"rendered":"Dominic Calabro: Remove the darkness in Congress\u2019 CLARITY Act to protect Florida seniors"},"content":{"rendered":"

\"\"<\/a>Florida is home to one of the nation\u2019s largest senior populations, and I am proud to be part of that group.<\/p>\n

As a card-carrying AARP member for nearly 20 years and someone who spent more than four decades leading a public policy organization that championed transparency in government spending, I still believe in a simple principle: Information is power.<\/p>\n

That principle is especially important when it comes to protecting Florida\u2019s seniors from the growing threat of cybercrime<\/a>.<\/p>\n

Law enforcement agencies across Florida are increasingly focused on fraudsters who use artificial intelligence, cryptocurrency and the dark web to target vulnerable populations. Many seniors did not grow up with these technologies and can be particularly susceptible to sophisticated scams involving identity theft, financial fraud and digital deception.<\/p>\n

Helping law enforcement track and prosecute these criminals is why Congress should take a closer look at the proposed CLARITY Act<\/a>, legislation currently under consideration in Washington.<\/p>\n

\"\"<\/a><\/p>\n

Despite its name, the CLARITY Act contains provisions that could reduce transparency in parts of the digital asset marketplace. As written, the bill would exempt certain cryptocurrency intermediaries from anti-money laundering requirements that traditional financial institutions must follow.<\/p>\n

As a lifelong advocate for transparency, I hope Congress removes these \u201cdark\u201d areas before final passage and closes loopholes that bad actors could exploit<\/a>.<\/p>\n

One provision in particular, Section 604, would make it more difficult for law enforcement to track digital assets used by criminals. The bill exempts certain crypto intermediaries, including mixers, tumblers and some decentralized finance platforms, from oversight requirements that banks and credit unions comply with every day.<\/p>\n

Traditional financial institutions are required to maintain records, verify customer identities, monitor transactions and report suspicious activity. Congress should apply those same safeguards to digital asset platforms.<\/p>\n

Transparency creates accountability. More information gives law enforcement a greater ability to investigate criminal activity and protect consumers.<\/p>\n

\"\"<\/a><\/p>\n

Criminals should not gain an advantage simply because digital transactions are shielded from the same scrutiny applied to traditional banking. Anti-money laundering protections establish a paper trail that allows investigators to identify bad actors, disrupt criminal enterprises and recover stolen assets.<\/p>\n

Without those records, following the money becomes significantly more difficult. That makes it easier for sophisticated cybercriminals to target seniors and harder for law enforcement to stop them<\/a>.<\/p>\n

Strong oversight is not a threat to the future of digital assets. In fact, it is essential to the industry\u2019s long-term success. Legitimate investors benefit when fraudsters and criminal organizations are identified and removed from the marketplace. Public confidence grows when consumers know there are safeguards in place and illegal activity can be detected.<\/p>\n

The dark web should become weaker, not stronger, as Congress debates the CLARITY Act.<\/p>\n

The National Sheriffs\u2019 Association<\/a> has already warned lawmakers about the risks posed by the current loophole. As the organization noted, \u201cScammers defraud victims \u2014 often the elderly \u2014 of billions of dollars each year, and it\u2019s time to stand up for victims, potential victims, and law enforcement.\u201d<\/p>\n

Congress should listen.<\/p>\n

Florida seniors deserve stronger protections, and law enforcement deserves the tools necessary to follow digital money trails wherever they lead.<\/p>\n

___<\/p>\n

Dominic M. Calabro is a longtime public policy leader and government watchdog. He is also a senior citizen and a longtime AARP member. The views expressed are his own.<\/p>\n","protected":false},"excerpt":{"rendered":"Florida is home to one of the nation\u2019s largest senior populations, and I am proud to be part…\n","protected":false},"author":2,"featured_media":307680,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[96554,128503,128504,5142,33089,5966,69987,35367,8067,128505,128506,28,30,29,58161,91264,1598],"class_list":["post-307679","post","type-post","status-publish","format-standard","has-post-thumbnail","category-florida","tag-aarp","tag-anti-money-laundering","tag-clarity-act","tag-congress","tag-consumer-protection","tag-cryptocurrency","tag-cybercrime","tag-dark-web","tag-digital-assets","tag-dominic-calabro","tag-financial-scams","tag-florida","tag-florida-headlines","tag-florida-news","tag-florida-seniors","tag-fraud-prevention","tag-law-enforcement"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/307679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=307679"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/307679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/307680"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=307679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=307679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=307679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}