Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
CoinTelegraph·
60-second summary
Goldman Sachs CEO David Solomon is backing the CLARITY Act, a crypto market structure bill in Congress, despite some reservations from financial companies and banks over provisions on stablecoins. He acknowledges the bill is not perfect but supports its efforts to improve transparency and regulatory clarity, expected to impact the growing crypto market.
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions on stablecoins.