Fidelity Urges Senate to Pass CLARITY Act

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Fidelity Public Policy, part of Fidelity Investments with $7.1 trillion in assets under management, urged the U.S. Senate on July 24 to pass the CLARITY Act. The bill would establish a federal regulatory framework for digital asset markets. Negotiations focus on ethics restrictions, stablecoin rewards, and SEC-CFTC oversight roles.
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