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3 clusters · 8 sources · 4 days · First seen · Last updated

Categories: BUSINESS

US Digital Asset Market Clarity Act

Entities: Fidelity · BlackRock · CLARITY Act · Goldman Sachs · Digital Asset Market Clar­ity Act

Overview

In late July 2026, a coalition of leading U.S. investment firms—BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi—renewed their call for Congress to enact the Digital Asset Market Clarity Act, arguing that clear jurisdiction between the SEC and CFTC would protect investors and keep the United States competitive as Bitcoin volatility and Federal Reserve policy decisions loom. The Senate postponed a vote beyond its summer recess.

A parallel development saw the Bank of Russia publish a draft framework for cryptocurrency custody, creating a new class of “digital depositaries” with capital requirements of 50‑250 million roubles and outlining oversight for exchanges and issuers, in preparation for a broader crypto law expected in September.

On July 30, JPMorgan warned that each day the Act’s passage is delayed increases risk to the U.S. crypto ecosystem, potentially channeling tokenization and blockchain projects into traditional finance rather than fostering public networks. The firm cited recent market activity—CFTC‑approved perpetual futures and a $400 million stake in Crypto.com—as evidence of growing institutional interest. Despite bipartisan House backing, Senate leader John Thune signaled no vote before the chamber reconvenes on Aug 7, and a fall vote appears unlikely given the midterm election calendar.

Timeline

  1. 1 day ago

    [BUSINESS] 2 sources
    JPMorgan warns delays to CLARITY Act could hurt US crypto market

    JPMorgan warns that postponing the CLARITY Act threatens US crypto markets by limiting regulatory clarity and deterring institutional investment, as Senate delays persist.

  2. 2 days ago

    [BUSINESS] 3 sources
    Wall Street backs US Digital Asset Market Clarity Act as Russia drafts crypto custody rules

    Wall Street firms back the US Digital Asset Market Clarity Act for clearer crypto rules, while Russia's central bank drafts a regulated custody system ahead of a new crypto law.

  3. 4 days ago

    [BUSINESS] 3 sources
    US CLARITY Act Gains Support from Major Asset Managers as Bitcoin Slides Ahead of Fed Decision

    US asset managers back the CLARITY Act for clearer crypto regulation while Bitcoin hovers near $63,600 amid Fed outlook, as Senate delay pushes the bill past summer recess.

Sources

blockmedia.co.kr · coindeskjapan.com · criptotendencia.com · liderendeportes.com · mzee.com · pymnts.com · silviabillycostaliberi.noblogs.org · watcher.guru

This summary has been updated 1 time: see revision history