BlackRock, Fidelity and Goldman Sachs back Senate crypto market structure bill

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Major Wall Street institutions including BlackRock, Fidelity, Franklin Templeton, Goldman Sachs, and SoFi have publicly expressed support for the Clarity Act, a proposed crypto market structure bill. The endorsements come as the U.S. Senate faces a tightening timeline to advance the legislation. The bill aims to establish a clearer regulatory framework for the cryptocurrency market. The backing of such prominent financial firms signals growing institutional interest in shaping U.S. crypto policy.

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