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Fidelity Joins Massive Push for Senate Passage of CLARITY Act

July 25, 202608:30 AM
Fidelity Joins Massive Push for Senate Passage of CLARITY Act

Fidelity has officially joined a powerful coalition of financial giants and crypto firms urging the US Senate to pass the CLARITY Act. The move is designed to secure clear digital asset regulations that will bolster investor confidence and cement US dominance in the global crypto markets.

This legislative push, supported by industry heavyweights like Coinbase and the Blockchain Association, aims to establish a definitive market structure. By advocating for this digital asset legislation, these institutions are seeking the legal certainty required to integrate crypto more deeply into the traditional financial ecosystem.

The company is now part of a growing coalition of financial firms and crypto organizations pushing for market structure legislation. This momentum follows calls from the Crypto Council for Innovation, the Digital Chamber, and the Blockchain Association, as well as a direct plea from Coinbase CEO Brian Armstrong for a full Senate floor vote.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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