Regulatory clarity has been passed with the GENIUS Act, but industry experts say it’s just a starting point. Scalable blockchains, instant verification systems, and trusted custody are needed to further integrate crypto into finance, identity, and privacy systems.
Crypto Week brought significant regulatory progress, including the passage of the GENIUS Act, which recognizes non-security crypto assets. Co-founder Leo Fan of Cysic called this “legal clarity” that provides a green light for developers, investors, and institutions to build with clearer guardrails.
However, experts caution that regulatory clarity is just a foundation. Altan Tutar of MoreMarkets said the legislation would drive stablecoin adoption and enable tokenization of traditional assets like gold or oil. Ryan Chow of Solv Protocol highlighted the need for “clarity” but emphasized that “credibility builds markets,” urging Bitcoin-backed credit, tokenized treasuries, and yield tied to real assets.
Industry experts stress that regulation alone isn’t enough. Will K of VOOI and co-founder of Symbiosis.Finance pointed out the need for mature infrastructure, simplified user experiences, and AI-driven tools to level the playing field. The industry must stop building for crypto natives and start building for everyone else, he warned.
The GENIUS Act establishes the first federal framework for stablecoins, passing with over 300 House votes, including support from 102 Democrats. As regulatory progress continues, industry experts are optimistic about DeFi growth, but acknowledge that further development is needed to reach global financial standard status.
Source: https://cointelegraph.com/news/crypto-week-genius-act-foundation-real-world-integration