Crypto Week concluded with the passage of the GENIUS Act, heralding significant regulatory progress. Experts consider this act a foundational shift in crypto regulation, providing clarity that not all crypto assets are classified as securities. Leo Fan from Cysic emphasized this clarity as a starting point for integrating crypto into finance and identity systems. The act is seen as a catalyst for real-world applications, paving the way for innovations in stablecoins and decentralized finance (DeFi). Altan Tutar of MoreMarkets noted that the legislation could enhance traditional asset tokenization, whereas Ryan Chow from Solv Protocol highlighted that this clarity could bolster institutional adoption. However, all experts stress the need for further development of infrastructure and user-friendly applications to prevent potential market pitfalls similar to the dot-com bubble. As regulation evolves, attention is needed to ensure that benefits extend beyond institutions to retail investors, facilitating a broader adoption of digital assets.

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