Specific legislative clauses responsible for resolving law enforcement deadlock on the Crypto Clarity Act:
Title IV § 402
Sheriff Asset Forfeiture Coordination
Guarantees state and county sheriff offices maintain direct revenue share from digital asset civil/criminal forfeitures executed with federal task forces under 18 U.S.C. § 981.
Status: Incorporated in Manager's Amendment
Title II § 214
Custodial BSA Recordkeeping Intact
Ensures centralized exchanges and custodial brokers remain fully subject to Bank Secrecy Act CTR and SAR filing duties, denying blanket de-regulatory exemptions for customer funds.
Status: Codified with FinCEN Concurrence
Title I § 108
Non-Custodial Infrastructure Safe Harbor
Clarifies that pure protocol miners, RPC nodes, and non-custodial wallet developers are not classified as financial institutions unless exercising unilateral control of assets.
Status: Verified Boundary Language