Blockchain.com Co-CEO Declares 'Crypto Spring' Driven by Institutions

Ahead of the US midterms, the level of political support for crypto assets is under scrutiny. Blockchain.com Co-CEO Lane Kasselman told the audience that the digital currency sector currently enjoys the strongest bipartisan backing in Congress on record, noting that this backing continues to grow. He cautioned that the industry must maintain its forward drive no matter which party ends up in charge, despite the stalled CLARITY Act bill. Kasselman also walked through the company's latest offering, an options trading product.

In the broader discussion, Kasselman raised the problem of securing money transmitter licenses on a state-by-state basis within the US. He argued that institutional investors have taken the lead in the crypto market and gave his assessment of whether the crypto winter has actually come to an end. The conversation weighed self-storage approaches against custodial wallet services internationally. Kasselman depicted Blockchain.com as the liquidity provider for tokenization projects. He wrapped up by examining the prospect of AI agents using stablecoins or bitcoin to settle payments, and went over the company's schedule for AI-related developments in June.

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