Will US Election ‘Have A Major Impact’ On Blockchain Adoption In Finance? One CEO Says Yes
Caitlin Long, founder & CEO of Custodia Bank, recently shared her thoughts on the impact of the upcoming U.S. presidential election on integrating blockchain technology with traditional finance. Long, who is set to speak at the Benzinga Future of Digital Assets event, provided insights into how political outcomes could shape the future of this emerging space.
Political Outcomes and Blockchain Adoption
Long emphasized the differing approaches of presidential administrations toward tech-driven financial ventures, stating that the 2024 election “will likely have a major impact on the involvement of TradFi institutions in blockchain.” She noted that banks exploring technology under the Biden administration have faced intensified regulatory scrutiny.
“Banks that ventured into tech innovation were many times more likely …
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