Crypto Week Concludes with Regulatory Milestones: The GENIUS Act
The recent Crypto Week culminated in significant regulatory progress with the passage of the GENIUS Act. Experts see this legislation as a foundational step toward integrating cryptocurrency with traditional finance and identity systems, marking a pivotal moment for crypto regulation.
Industry Experts Analyze the GENIUS Act
Leo Fan, co-founder of Cysic, explained to Cointelegraph that while the GENIUS Act provides crucial legal clarity by differentiating crypto assets from securities, the industry must now focus on developing scalable blockchain solutions and secure custody frameworks. He described this legislation as “a foundational shift” enabling clearer operational guidelines for developers and institutions.
The Road Ahead for Crypto Integration
Altan Tutar, CEO of MoreMarkets, emphasized how the Act legitimizes decentralized finance while accelerating stablecoin adoption and asset tokenization. However, he warned that without proper retail-focused infrastructure, the sector risks repeating dot-com bubble scenarios.
Clearing Regulatory Hurdles for Institutional Adoption
Ryan Chow of Solv Protocol noted the Act finally provides the legal framework needed to end years of regulatory uncertainty. He highlighted its “monumental” distinction between digital assets and traditional securities as key to building market confidence.
Beyond Legislation: Building Necessary Infrastructure
Will K from VOOI stressed that regulation alone won’t suffice. The industry must develop mature infrastructure, intuitive interfaces, and AI tools to achieve mainstream financial adoption and avoid remaining a niche market.
