Goldman Sachs CEO Backs CLARITY Act, Calls for Fair Crypto Regulatory Framework

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According to Odaily, Goldman Sachs Chief Executive Officer David Solomon expressed support for the CLARITY Act on July 23, stating that while not perfect, the legislation would establish a clearer and fairer regulatory framework for digital asset markets, enhancing stability and promoting innovation. Solomon emphasized that the law's key significance lies in "creating a level playing field for healthy market development." U.S. Senate Republicans are set to submit the revised bill for a vote as soon as next week, which aims to clarify the regulatory responsibilities of the SEC and CFTC in digital asset oversight.
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