CoinDesk·3 min read·medium
BlackRock, Fidelity, other Wall Street giants back the Clarity Act
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Helene Braun
✦AI Summary
Major financial institutions including BlackRock, Fidelity, and Goldman Sachs are lobbying Congress to pass the Clarity Act. The bill aims to establish a clear regulatory framework for digital assets to improve investor protection and market certainty.
Over the past week, firms including BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have all urged Congress to pass the bill, arguing that clear rules would protect investors, give companies regulatory certainty and help the U.S. stay competitive as digital assets become more mainstream.
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