[Nearly 100 Catholic Leaders Oppose the Clarity Act, Claiming It May Weaken Protections Against Illegal Finance and Human Trafficking] Odaily Planet Daily News – Nearly 100 Catholic leaders representing church groups across the United States have written to Senate Majority Leader John Thune and Democratic Leader Chuck Schumer, opposing certain provisions of the proposed crypto market structure legislation, the 'Clarity Act,' which they claim could weaken regulatory capabilities to combat illegal financial activities related to human trafficking. The Alliance to End Human Trafficking, supported by Catholic organizations, stated that a specific provision in the bill could make it more difficult for regulators to monitor illicit financial flows associated with human trafficking and other crimes. The letter emphasized that the Catholic Church has long advocated for economic systems and markets to ultimately serve people, particularly the poor, vulnerable, and those most susceptible to exploitation. The organization expressed that while they recognize the potential of emerging financial technologies and support responsible innovation, such innovation should not come at the expense of human dignity and public accountability.