Fidelity Backs CLARITY Act Pushing US Crypto Regulation Forward

Fidelity, one of the world's largest asset managers, has urged the U.S. Senate to pass the CLARITY Act, a bill designed to establish clearer rules for digital assets and blockchain innovation.

The company's support reflects a growing trend among major financial institutions that increasingly prioritize regulatory certainty over ambiguity.

Fidelity argues that comprehensive legislation such as the CLARITY Act would provide businesses with greater confidence when investing in, expanding operations related to, launching new products tied to, and serving customers of digital assets.