Franklin Templeton, a major U.S. asset manager, has endorsed the CLARITY Act, a key crypto legislation currently under consideration in the U.S. Senate. This bill aims to establish a federal framework for digital assets by dividing oversight between the SEC and the CFTC. Franklin Templeton’s support strengthens the coalition of major Wall Street firms backing the legislation, which was advanced by the Senate Banking Committee with bipartisan support. Market pricing indicates a 34.5% probability of the CLARITY Act’s passage by the end of 2026.
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