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David Sacks: Banks Will Enter Crypto After Structure Bill

David Sacks says banks will fully adopt crypto once the market structure bill is passed.

  • David Sacks predicts banks will adopt crypto post-bill
  • The Market Structure Bill brings needed regulation
  • Traditional finance may compete with crypto firms

Venture capitalist and entrepreneur David Sacks has made a bold prediction: once the Crypto Market Structure Bill is passed, traditional banks will make a full-scale entry into the crypto space. Sacks, a long-time supporter of both AI and crypto innovation, believes that regulatory clarity is the missing piece keeping major financial institutions from diving in.

The bill aims to clearly define how digital assets are regulated in the U.S., assigning roles to the SEC and CFTC while laying out how crypto firms should operate legally. According to Sacks, this clarity will remove the roadblocks that have kept banks cautious.

Regulatory Clarity Will Unlock Institutional Demand

While some banks have explored crypto cautiously, many have been held back by fear of regulatory blowback. With the Crypto Market Structure Bill in place, these institutions will feel more confident to offer services like trading, custody, and even staking solutions.

Sacks highlights that this isn’t about a new interest—it’s about long-standing interest finally being allowed to move forward. Once legal boundaries are clear, banks may rapidly deploy crypto products, putting them in direct competition with platforms like Coinbase and Kraken.

A New Era for the Crypto Ecosystem

Institutional involvement could boost the crypto industry’s credibility, attract more users, and even encourage broader adoption. However, it also raises concerns about whether the traditional banking system will dilute crypto’s core principles of decentralization and user sovereignty.

Still, as Sacks suggests, the passing of the Crypto Market Structure Bill may mark the beginning of a new phase in crypto history—one where traditional and digital finance fully collide.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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