Franklin Templeton, a $1.79 trillion asset management company, supports the CLARITY Act
Franklin Templeton stated that the CLARITY Act will establish clearer rules for digital assets, help investors understand the protections available, and increase certainty for companies regarding the division of federal regulatory responsibilities.
A certain exchange had previously publicly supported this market structure bill. On July 22, Senate Republicans released an updated text, proposing to assign digital asset regulatory responsibilities to the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC).
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