Key Takeaways Fidelity pressed the Senate to pass legislation establishing a federal regulatory framework for digital assets. The company oversees $7.1 trillion in managed assets, giving its intervention substantial weight across traditional finance. Stablecoin rewards, ethics safeguards, and divided regulatory authority remain central to negotiations over a floor vote. Fidelity Brings Wall Street Heft to Crypto Campaign Fidelity Public Policy, the government affairs and public policy arm of Fidelity Investments, posted on X on July 24 calling for Senate passage of the CLARITY Act. The organization framed comprehensive federal rules as necessary for investor confidence, commercial certainty, and continued U.S. …