GENIUS Act Is Just the Start, Crypto Experts Say After Crypto Week
The proclaimed week of the crypto ended with significant regulatory progress, in particular the adoption of the highly anticipated engineering law. However, industry experts claim that regulatory clarity is only the basis of what awaits us.
“Clarity is only a starting point, not an end point,” the co-founder of Cyntelegraph told Cointelegraph Fan. He underlined the need for evolutionary blockchains, instant verification systems and childhood care for additional integration.
Fan acknowledged that the crypto week has delivered “legal clarity”, the engineering law officially recognizing that not all cryptographic assets are titles. He described this as “fundamental change” which provides “green light to developers, investors and institutions to build and deploy with clearer legal railing”.
Fan said that crypto is finally recognized as a fundamental infrastructure, paving the way to the integration of the real world in the systems of finance, identity and confidentiality. “With the formation of legal bases, the path is clearer for the integration of the real world,” he said.
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The passage of genius means that Defi is “here to stay”
Altan Tutar, co-founder and CEO of Moremarkets, described the genius Act as “the best sign that DEFI is there to stay”, noting that the United States filling the gap with Asia in the adoption of cryptography.
Tutar said that the legislation would result in the adoption of the reserve of stables “significantly”, allowing traditional assets such as gold or oil to be tokenized and to bring Defi to new territories.
However, he warned that regulatory clarity benefits institutions than daily investors and stressed the importance of creating payment systems, applications and gain for retail investors to avoid the own version of crypto of a “dot-com bubble”.
Similarly, Ryan Chow, CEO of Solv Protocol, said that the crypto weekend “threw the legal base of digital assets for legal clarity and structural legitimacy”, ending years of regulatory uncertainty which blocked institutional adoption.
He described the distinction of the law on engineering between decentralized digital assets and traditional “monumental” titles, giving manufacturers and investors the confidence to innovate.
For the future, he said, “clarity is necessary, but credibility is what builds markets”, urging the development of “credit supported by bitcoin, treasury bills and yield linked to real assets” with risk of risk and transparent compliance integrated from the start.
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Regulations alone is not enough
Will K, CEO of Vooi and co-founder of Symbiosis.Finance, also stressed that regulation alone was not enough. He underlined the need for mature infrastructure, simplified user experiences and AI -oriented tools that level the rules of the game.
Without these, the cryptographic risks remaining a niche ecosystem rather than a global financial standard, will warn. “The industry must stop building for cryptographic natives and start to build for everyone.”
Adopted last week with more than 300 votes to the House, including the support of 102 democrats, the law on the orientation and creation of national innovation for the Stablescoins American (Genius), establishes the first federal framework for the Stablecoins.
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