Clear Digital Asset Rules Key To Unlocking Institutional Growth, Experts Say
At the Benzinga Future of Digital Assets conference, experts emphasized the critical role of regulatory clarity in shaping the digital asset market. The discussion shed light on existing barriers, such as SAB 121, and the broader implications of a shifting regulatory landscape for institutions and investors.
The Weight of Uncertainty
Panelists delved into how regulatory ambiguity has slowed institutional adoption of digital assets. Adam Guren, founder and CIO of Hunting Hill Global Capital, noted, “The uncertainty surrounding custody and compliance has kept many financial institutions on the sidelines. SAB 121 has been a major impediment.”
Guren added that a repeal or adjustment to SAB 121 could catalyze growth. “Institutions need a clear path forward. If regulations evolve, we could see a significant influx of institutional capital into the space,” he explained.
The lack of clarity has also created a fragmented market. John Divine of Blockfills observed that institutions currently face challenges accessing consistent market infrastructure. “We’ve seen some early …
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