Wall Street Asset Managers Back Crypto CLARITY Act as Senate Deadline Nears

Five Wall Street firms support the CLARITY Act separately, not through one coordinated industry declaration. House and Senate panels advanced the bill, but final passage still depends on clearing a 60-vote threshold. The proposal divides crypto oversight between the SEC and CFTC while adding anti-money-laundering rules. The $50 trillion comparison signals institutional scale, though it [...]

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