Franklin Templeton supports the CLARITY Act

Franklin Templeton announced his support for the CLARITY Act on July 27th. Franklin Resources disclosed that as of June 30th, the managed asset size was $1.79 trillion, higher than $1.78 trillion a month ago. Franklin Templeton stated that the CLARITY Act establishes clearer rules for digital assets, helps investors understand the protections available, and increases certainty for businesses regarding federal regulatory responsibilities. Blackrock、Fidelity Investments、 Goldman Sachs and Jiaxin Wealth Management have publicly supported the Market Structure Act. Senate Republicans released updated text on July 22, proposing to divide the regulatory responsibilities for digital assets between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC).