Franklin Templeton Joins Wall Street Push for CLARITY Act as Polymarket Sees 37% Odds
- Franklin Templeton joined BlackRock, Fidelity, and Goldman Sachs in backing the CLARITY Act.
- Polymarket gives the CLARITY Act only a 37% chance of passing in 2026.
- The updated CLARITY Act defines SEC and CFTC oversight while adding ethics restrictions.
Franklin Templeton has become the latest Wall Street firm to back the CLARITY Act, adding more weight to a growing push for a federal crypto market structure law in the United States.
The endorsement places the $1.79 trillion asset manager alongside BlackRock, Fidelity, Goldman Sachs and Charles Schwab, all of which are urging lawmakers to establish clear rules for digital assets.
The support comes as the Senate faces limited time to pass the legislation before the August recess. Prediction market Polymarket assigns only a 37% chance that the CLARITY Act becomes law in 2026, showing that traders remain cautious…
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