Fidelity urges Senate to pass CLARITY Act for digital asset regulations
Fidelity is calling on the US Senate to pass the CLARITY Act, which would establish a regulatory framework for digital assets.
The company joins a growing coalition of financial firms and crypto organizations pushing for market structure legislation.
The bill needs 60 votes to pass the Senate, where Republicans hold a 52-47 majority. Fidelity reported $7.1 trillion in managed assets in its 2025 annual report.