Fidelity Backs CLARITY Act as 'Balanced Regulatory Approach' on May 14

According to Fidelity's statement on X on May 14, the asset manager praised the Senate Banking Committee's push for the CLARITY Act, calling it a "balanced regulatory approach." Fidelity said the legislation, if passed, would provide legal clarity for the digital asset market, benefit U.S. investors, and help ensure America's leadership position in the global digital asset sector.
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