Shift in Congress Could Bring Greater Regulatory Certainty to Crypto — Market Talk

Dow Jones Newswires

Shift in Congress Could Bring Greater Regulatory Certainty to Crypto — Market Talk

Regulatory certainty is the missing piece for the cryptocurrency industry to unlock widespread adoption, according to Ryan Kirkley, chief executive of Global Settlement Network. He says institutions need clear, enforceable rules around custody, asset ownership, settlement finality and investor protection before committing significant capital. "A shift in congressional control could actually create an opportunity for bipartisan legislation that gives institutions the confidence to invest for decades, rather than operating under guidance that can change with the next administration," he adds. ([email protected])