Jeff Walton says regulation can make trust cheaper.
Most people buy insurance without studying an insurer’s balance sheet. They trust its track record and the institutions overseeing its capital.
He sees the CLARITY Act as a framework that could make it easier for traditional financial institutions to work with $BTC and crypto.
The bill doesn’t create a new risk-weighting framework, but Jeff believes clearer rules could eventually influence how banks treat digital assets on their balance sheets.
“Regulation itself, just the fact that some regulation exists, makes trust cheaper.” -
@PunterJeff