Fidelity is publicly urging the U.S. Senate to pass the CLARITY Act, adding one of traditional finance’s largest asset managers to the group of industry voices pressing lawmakers to advance the crypto market-structure bill. The legislation is aimed at establishing a clearer regulatory framework for digital assets, addressing a long-standing question for market participants: which federal agencies hold primary jurisdiction over different categories of cryptocurrency activity.

The company’s appeal is focused on one legislative request: move the CLARITY Act through the Senate. Fidelity surfaced its policy position through its own company news channel, framing the message as a direct call for legislative action rather than as a product, service, or token-related announcement. The referenced Fidelity company news item is available at

Fidelity’s stance is consistent with statements collected by the Senate Banking Committee, which has documented industry leaders praising Chairman Scott and the committee for advancing the measure. The committee’s statement page is available at Fidelity is among several financial institutions publicly supporting Senate action on the bill.

Senate action is the central decision point

The CLARITY Act is the legislative subject at the center of the story, and Senate passage is the outcome Fidelity is seeking to influence. The Senate Banking Committee has described the bill’s advancement as a bipartisan committee vote, presenting it as a notable step in the broader U.S. debate over cryptocurrency regulation. The committee’s announcement on advancing the CLARITY Act is available at

The committee has also published a plain-language overview explaining what the CLARITY Act does, serving as an official reference for how the legislation is being described to lawmakers and the public. That overview is available at

The bill’s path has not been without friction. Earlier reporting on the same legislation described how the crypto CLARITY Act stalled in the Senate over ethics concerns, underscoring that Fidelity’s latest push comes amid an unsettled legislative environment rather than a clear procedural path to passage.

Fidelity’s role adds weight to the appeal

Fidelity’s involvement increases the news value of the appeal because of the firm’s scale as a mainstream financial institution, not because of any single quantitative claim in the record. The firm’s interest in clear crypto regulation is also grounded in its own digital-asset operations, which include custody and trading services through Fidelity Digital Assets and a spot Bitcoin exchange-traded fund. A public call for Senate action from a company of that size places the legislative debate in front of market participants and policy observers tracking the direction of U.S. digital-asset regulation.

The firm has continued to highlight the issue through its company news coverage, including another Fidelity item available at For now, the near-term question remains procedural: whether the CLARITY Act reaches a Senate floor vote.

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk.