Goldman Sachs Backs CLARITY Act Amid Growing Support from Traditional Finance

Goldman Sachs CEO David Solomon has become one of the most prominent Wall Street executives to support the CLARITY Act, legislation that would establish a comprehensive regulatory framework for U.S. digital asset markets.

Solomon said the bill would create market structure and a level playing field for digital assets, despite acknowledging it is 'not perfect.'

The comments came as Senate Republicans released an updated draft of the CLARITY Act ahead of a possible floor vote.