BlackRock: Backs CLARITY Act for Crypto Rules

BlackRock endorsed the CLARITY Act on July 29, 2026, adding institutional heft to demands for clearer crypto regulation that directly affects BTC trading venues and custody standards. The move arrives as lawmakers weigh final language, with market participants already adjusting positions around expected compliance costs and new product approvals. Analysts tracking BlackRock crypto stance note that similar regulatory signals in prior cycles lifted volumes without shifting core prices, suggesting the CLARITY Act impact may stay largely priced in unless enforcement details surprise.