Edward Woodford (Zero Hash) on Digital Asset Infrastructure (EP.537)
On The Brink with Castle Island
00:00
Unlocking Market Potential through Regulatory Clarity
Regulatory clarity in the stablecoin market is crucial to attract banks, broker dealers, and asset managers. The distinction between bank holding companies and non-bank entities influences the entry of major players like Charles Schwab and Morgan Stanley into the space. Eliminating barriers and reducing friction at the board level is essential for wider adoption of stablecoins as a transfer mechanism. The introduction of legislations is expected to weed out bad actors in the market and drive out activities in unregulated venues. The evolving regulatory landscape will impact the grey areas of the market, prompting a shift towards a more compliant and well-structured industry.
Transcript
Play full episode
