Fidelity Pushes Senate to Pass CLARITY Act for Clear Crypto Regulations

Fidelity, one of the world's largest asset managers, is urging the U.S. Senate to pass the CLARITY Act, which it believes will provide a clearer framework for the crypto industry.

The company manages approximately $7.1 trillion in assets and has been a vocal supporter of the legislation since May 2026, when it welcomed progress on the bill by the Senate Banking Committee.

Fidelity argues that clear regulatory rules are essential to strengthening investor confidence and supporting the growth of digital assets.