Fidelity has expressed its support for the Clarity Act, stating that it provides a "balanced approach to regulation."

CoinFeed reported on May 14 that Fidelity issued a statement on its X platform, expressing its appreciation for the Senate Banking Committee's advancement of the CLARITY bill. Fidelity stated that the bill provides a balanced regulatory approach, and if passed, it would offer legal clarity to the digital asset market, benefiting U.S. investors and helping to ensure U.S. leadership in the global digital asset space.