Yuval Rooz: The crypto industry should accelerate institutional adoption by 2028

Canton CEO Yuval Rooz stated on Token2049 that the cryptocurrency industry should accelerate institutional adoption in response to policy changes in the United States, making blockchain development irreversible. Richard Teng, Co CEO of Binance, hopes that the CLARITY Act will become law to prevent regulatory regression. Franklin Templeton CEO Jenny Johnson stated that legislation can increase certainty, but the industry should not rely on the bill. The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have already advanced regulation based on their existing authorities. (Source: Bloomberg)