U.S. Crypto Legislation Nears Passage, Could Unlock Institutional Adoption and Reduce Risk

Landmark crypto legislation in the U.S. is poised to reshape the industry, with the House of Representatives voting this week on the CLARITY Act for market structure and the GENIUS Act for stablecoin regulation. Bitwise Asset Management argues that regulatory clarity could catalyze billions in institutional investment and migrate trillions in traditional assets onto blockchain infrastructure.

"You can’t put the genie back in the bottle," said Bitwise CIO Matt Hougan, emphasizing the irreversible momentum of crypto adoption. Major financial institutions like JPMorgan, BNY Mellon, and Nasdaq stand ready to expand crypto services once regulatory hurdles are cleared.

The deeper impact may lie in risk reduction. Past failures—FTX, Terra/Luna, Celsius—were as much regulatory oversights as business collapses. Clear U.S. frameworks could curb offshore malfeasance while legitimizing the asset class.