World · Institutional · United States ·
Fidelity calls on US Senate to pass crypto market structure bill
Fidelity Investments formally urged the US Senate to pass the CLARITY Act, joining a coalition of crypto firms and industry groups pushing for legislation that would set clear rules for which digital assets are regulated as securities versus commodities.
Why it matters for the crypto market
A major traditional financial institution publicly backing the CLARITY Act adds significant weight to the push for a legal framework that would define how crypto is regulated in the United States.
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