Franklin Templeton's support for the CLARITY Act highlights growing Wall Street interest in regulatory clarity, potentially influencing future crypto policies.
The $1.79 trillion asset manager joins BlackRock, Fidelity and Goldman Sachs in backing the crypto market-structure bill as senators review updated Senate text.
Institutional support for cryptocurrencies is continuing to grow as lawmakers find themselves with less and less time to pass legislation on digital assets. Franklin Templeton, which manages about USD 1.79 trillion in assets, has now added its endorsement to the CLARITY Act, another financial institution supporting the framework of US
Franklin Templeton, the $1.7 trillion asset management giant, has joined BlackRock, Fidelity, and Goldman Sachs in backing the Clarity Act.
U.Today•Alex Dovbnya
