Topic: #crypto-legislation
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Five Wall Street giants back Senate's Digital Asset Market Clarity Act
Five major Wall Street firms have endorsed the Digital Asset Market Clarity Act as Senate negotiators race against an August 8 recess deadline. The bill would establish a unified regulatory framework for crypto, with backing from BlackRock, Fidelity, Franklin Templeton, Goldman Sachs, and SoFi.
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Over 200 crypto firms urge Senate to pass CLARITY Act before midterms
More than 200 crypto companies and organizations signed a letter pressing Senate leaders to schedule a vote on the CLARITY Act, which would outline SEC and CFTC regulation of digital assets, before the November midterm elections.