Wall Street just picked a side in crypto
The Clarity Act is no longer just a crypto bill. It’s become a battle over the future of Wall Street.
In this episode of The Daily Wolf, Scott Melker explains why BlackRock, Fidelity, Franklin Templeton, Goldman Sachs, Morgan Stanley, and other financial giants are publicly backing the Clarity Act, while major banks continue fighting parts of the legislation that could reshape payments, stablecoins, and digital assets.
Scott also covers Morgan Stanley’s new Ethereum and Solana products, why Bitcoin miners are rapidly transforming into AI infrastructure companies, the latest prediction market legal battle, and this week’s biggest investing lesson.
Timestamps
00:00 Why Wall Street wants the Clarity Act
01:53 Banks fight back
03:52 Morgan Stanley expands crypto
07:01 Bitcoin miners become AI companies
09:33 Prediction markets face another lawsuit
12:01 Crypto hacks top $1 billion
12:42 How not to invest
14:00 The $27 million investing mistake
#bitcoin #crypto #clarityact #blackrock #morganstanley #stablecoins #ethereum #scottmelker #thedailywolf #yahoofinance
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