Market structure legislation for digital assets has drawn Fidelity into the Senate lobbying campaign. The financial services firm has formally called on the US Senate to pass the CLARITY Act, joining a coalition of industry groups and crypto firms pressing lawmakers to advance the bill.
The bill and the coalition
The CLARITY Act is market structure legislation. Fidelity is joining a group of industry associations and crypto firms already pressing the Senate for passage. The bill's sponsors, its specific provisions, and any scheduled floor vote are not detailed in available reporting.
What Fidelity's entry adds to the push
Crypto-native companies and their trade groups have driven the advocacy push for digital asset legislation on Capitol Hill. Fidelity operates across traditional financial services and digital assets. Its formal call for Senate passage puts a large, regulated institution on record in support of the bill alongside the crypto-sector coalition already pressing for it.