LATEST: Franklin Templeton backs CLARITY Act, citing need for U.S. crypto regulatory certainty

Franklin Templeton's public endorsement of the CLARITY Act reinforces momentum for clearer U.S. crypto regulation. Support from a major traditional asset manager can strengthen institutional confidence, reduce perceived policy risk, and improve the operating outlook for U.S.-linked crypto market infrastructure. In the short term, the headline is broadly supportive for large-cap crypto assets and sentiment, especially where regulatory uncertainty has been a key overhang.