BlackRock, Fidelity, other Wall Street giants back the Clarity Act

Major Wall Street firms including BlackRock, Fidelity, and Goldman Sachs have publicly endorsed the Digital Asset Market Clarity Act. This US bill aims to establish a clear regulatory framework for crypto by defining the roles of the SEC and CFTC, though it has revealed a split with firms like JPMorgan seeking different provisions.

This Wire brief sits within Fusion42's coverage of Crypto & Web3. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.