#CLARITY The biggest names on Wall Street are lining up behind the Digital Asset Market Clarity Act, marking one of the strongest public shows of support yet for legislation that would establish a new regulatory framework for the U.S. crypto industry and make sweeping changes to how the Securities and Exchange Commission and Commodity Futures Trading Commission oversee the sector.
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.
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.