Crypto Has Entered the Era of Institutional Competition

For much of its history, the digital asset industry wasn’t competing against traditional finance. Its biggest challenge was convincing regulators, policymakers and major financial institutions that it deserved a place within the financial system.
Innovation moved faster than regulation, and legitimacy often mattered more than market share.That phase is beginning to fade.The U.S. Senate’s latest progress on the CLARITY Act is one of the clearest signs that the conversation has changed