Blackrock Supports the CLARITY Act — Congress Has Less and Less Time to Pass It
BlackRock has endorsed the CLARITY Act, a U.S. bill aimed at creating a federal regulatory framework for digital assets, calling it "an important step towards establishing a regulatory framework for digital assets that puts investor interests first." This support from a major asset manager adds to growing backing from traditional finance, including Fidelity and Goldman Sachs' CEO, for clearer crypto rules.
However, time is running out in the Senate for the bill's passage this year. The legislative calendar is crowded, and with a 60-vote threshold needed to overcome procedural hurdles, some analysts now rate its chances as low as 30%. Senate Majority Leader John Thune warned that the window for advancing the bill is narrowing.
Pro-crypto advocacy group Stand With Crypto is increasing pressure, highlighting nearly a million messages sent to Congress in 2025. The group plans to track and publicize senators' votes on the bill to hold them accountable.
The CLARITY Act would clarify regulatory roles for the SEC and CFTC over different digital asset market segments. It would mandate disclosures from issuers and aims to provide investors with more standardized information, while offering compliant companies clearer registration and trading procedures.
cryptonews.ru2 giorni fa 05:33
