finance
Fidelity Announces Support for CLARITY Act on Digital Asset Regulation
The $7 trillion asset manager announced its support for the crypto legislation, describing it as a balanced approach that would ensure the U.S. remains a global leader in digital assets. Fidelity stated the CLARITY Act would bring statutory clarity to digital asset markets.
May 13, 7:22 PM·1m read2 sources
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Fidelity announced support for the crypto Clarity Act, the $7 trillion asset manager said. The firm backs the CLARITY Act, calling it "a balanced approach" that would bring statutory clarity to digital asset markets, according to its statement. Fidelity stated that the Clarity Act will ensure the US remains a global leader in digital assets.
Fidelity described the CLARITY Act as a balanced approach. The announcement marks the latest expression of support from a major traditional finance player for legislation aimed at establishing clearer rules for digital assets in the United States.
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