Crypto Lawyer Endorses John Deaton Over Ed Markey

Prominent U.S. digital-asset lawyer James Murphy has endorsed John E. Deaton in the Massachusetts Senate race, citing Markey's opposition to the CLARITY Act.

The CLARITY Act aims to provide a clear legal framework for digital asset transactions, which is essential for innovation and consumer protection, according to many in the crypto industry.

Fidelity, a major asset manager headquartered in Boston, has urged the Senate to pass the bill, highlighting its potential to foster economic growth and maintain U.S. leadership in financial technology.