BlackRock Supports the CLARITY Act, Senate Legislative Window Narrows
2026-07-27 21:04
Odaily Planet Daily News: BlackRock, the world's largest asset management company, supports the CLARITY Act. Samara Cohen, Managing Director and Head of Global Markets Development at BlackRock, stated that the bill is a crucial step toward establishing an investor-first digital asset regulatory framework.
Cohen said the bill will help shape the next phase of market structure in the United States by supporting innovation while maintaining transparency, resilience, and investor protection. Fidelity, Goldman Sachs CEO David Solomon, and Charles Schwab have also previously expressed support for related legislation or clearer digital asset rules.
Last week, the Republican Party in the U.S. Senate released an updated version of the CLARITY Act, integrating the work of the Senate Banking Committee and the Agriculture Committee. Senate Majority Leader John Thune stated that related Senate work may continue beyond the August recess.
The crypto advocacy organization Stand With Crypto stated that it has sent over 925,000 emails to Congress in 2025 and has contacted Congress more than 1.1 million times since its inception. The organization claims that every Senate vote on the CLARITY Act will be included in a public scorecard for members of Congress.
Cohen said the bill will help shape the next phase of market structure in the United States by supporting innovation while maintaining transparency, resilience, and investor protection. Fidelity, Goldman Sachs CEO David Solomon, and Charles Schwab have also previously expressed support for related legislation or clearer digital asset rules.
Last week, the Republican Party in the U.S. Senate released an updated version of the CLARITY Act, integrating the work of the Senate Banking Committee and the Agriculture Committee. Senate Majority Leader John Thune stated that related Senate work may continue beyond the August recess.
The crypto advocacy organization Stand With Crypto stated that it has sent over 925,000 emails to Congress in 2025 and has contacted Congress more than 1.1 million times since its inception. The organization claims that every Senate vote on the CLARITY Act will be included in a public scorecard for members of Congress.
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