Crypto Week Ends With GENIUS Act Passage, Setting Stage For Industry Growth

Generated by AI AgentCoin World
Sunday, Jul 20, 2025 7:21 am ET2min read
Aime RobotAime Summary

- The GENIUS Act's passage at Crypto Week marks a regulatory milestone, clarifying crypto's legal status and distinguishing decentralized assets from securities.

- Experts emphasize infrastructure needs like scalable blockchains, trusted custody, and AI tools to transition crypto from niche to global financial standard.

- While the legislation accelerates DeFi adoption and stablecoin integration, critics warn it favors institutions over retail investors without accessible payment systems and earning opportunities.

- Industry leaders stress that regulatory clarity is foundational but insufficient - credibility through transparent risk pricing and real-world asset tokenization will drive sustainable growth.

The Crypto Week concluded with notable regulatory advancements, marking a significant milestone for the cryptocurrency industry. The passage of the GENIUS Act, a highly anticipated piece of legislation, was a standout achievement. This act is expected to set the stage for further developments in the crypto space, although experts caution that it is merely the beginning of a longer journey.

Industry experts have emphasized that the regulatory clarity provided by the GENIUS Act is just the foundation for what lies ahead. Leo Fan, co-founder of Cysic, highlighted the need for scalable blockchains, instant verification systems, and trusted custody for further integration. He acknowledged that Crypto Week delivered “legal clarity,” with the GENIUS Act formally recognizing that not all crypto assets are securities. This, he called a “foundational shift” that provides a “green light for developers, investors, and institutions to build and deploy with clearer legal guardrails.”

Fan also noted that crypto is finally being recognized as foundational infrastructure, paving the way for real-world integration in finance, identity, and privacy systems. “With the legal groundwork forming, the path is clearer for real-world integration,” he said.

Altan Tutar, co-founder and CEO of MoreMarkets, described the GENIUS Act as “the best sign yet that DeFi is here to stay,” noting the US is closing the gap with Asia in crypto adoption. Tutar said the legislation would drive stablecoin adoption “in a meaningful way,” enabling traditional assets like gold or oil to be tokenized and bringing DeFi into new territories. However, he cautioned that regulatory clarity benefits institutions more than everyday investors and stressed the importance of building payment systems, apps, and earning opportunities for retail investors to avoid crypto’s own version of a “dot-com bubble.”

Ryan Chow, CEO of Solv Protocol, said Crypto Week “laid the legal foundation for digital assets for legal clarity and structural legitimacy,” ending years of regulatory uncertainty that stalled institutional adoption. He called the GENIUS Act’s distinction between decentralized digital assets and traditional securities “monumental,” giving builders and investors confidence to innovate. Looking ahead, he said, “clarity is necessary, but credibility is what builds markets,” urging the development of “Bitcoin-backed credit, tokenized treasuries, and yield tied to real assets” with transparent risk pricing and compliance built in from the start.

Will K, CEO of VOOI and co-founder of Symbiosis.Finance, also highlighted that regulation alone isn’t enough. He pointed out the need for mature infrastructure, simplified user experiences, and AI-driven tools that level the playing field. Without these, crypto risks remaining a niche ecosystem rather than a global financial standard, Will warned. “The industry needs to stop building for crypto natives and start building for everyone else.”

Overall, the conclusion of Crypto Week has been marked by significant regulatory advancements. While these developments are encouraging, experts remind that they are just the starting point for the cryptocurrency industry. The passage of the GENIUS Act is expected to pave the way for further growth and integration of cryptocurrencies into the mainstream financial system.

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