Experts say ‘just a starting point’ as Crypto Week ends on a high note
2025-07-20 11:19:18
Main Idea
The GENIUS Act marks a turning point for crypto regulation, but experts emphasize it is only the beginning of true integration with finance and identity systems.
Key Points
1. The GENIUS Act provides regulatory clarity for crypto, but experts like Leo Fan of Cysic stress it is just a starting point, with scalable blockchains and clearer legal systems needed for further progress.
2. Altan Tutar, CEO of MoreMarkets, believes the GENIUS Act will drive stablecoin adoption and help close the gap with Asia in crypto adoption, bringing DeFi into new territories.
3. Ryan Chow, CEO of Solv Protocol, views the GENIUS Act as laying the legal groundwork for decentralized digital asset markets, advocating for Bitcoin-backed credit and tokenized compliance.
4. Will K, CEO of VOOI, warns that regulation alone isn't enough, highlighting the need for AI-driven tools and financial standards to ensure broader industry success.
5. The GENIUS Act, passed with bipartisan support, establishes the first federal framework for stablecoins, aiming to guide innovation in the US crypto sector.
Description
The GENIUS Act marks a turning point for crypto regulation, but experts say true integration with finance and identity systems is only beginning.
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