Goldman Sachs CEO: CLARITY Act Faces Hurdles in Crypto Regulation
According to reports, Goldman Sachs is closely monitoring the progress of the CLARITY Act, a market structure bill, for its potential impact on tokenization and stablecoins. CEO David Solomon noted the bill "has a long way to go," suggesting further development is needed. The timeline for US lawmakers to revisit the bill remains unclear. The development highlights the ongoing interest of traditional financial institutions like Goldman Sachs in the evolving regulatory landscape for digital assets and their applications.
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