Recently, Goldman Sachs CEO David Solomon brought up an interesting topic at the earnings conference—the Digital Asset Market Clarity Act. According to him, there is quite a bit of internal focus on this bill. Solomon believes that this bill could have a significant impact on the tokenization and stablecoin sectors, especially in terms of rule-making.
However, he also straightforwardly stated that if you want to see substantial progress, you might have to wait for some time. After all, policies like this often go through many negotiations from proposal to implementation. Currently, the crypto market's demand for a regulatory framework is indeed urgent, especially for stablecoins, which are under the spotlight. Some say it’s a waiting period, while others are optimistic about the long-term prospects—each with their own logic. In any case, ongoing developments are worth paying close attention to.
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DegenDreamer
· 22h ago
It's that same old trick of "wait a little longer and then some"... Regulations have always been just talk on paper, and nobody knows when stablecoins will truly become a reality.
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liquidation_watcher
· 22h ago
Waiting again? Why do these regulatory policies always sound big but end up with little action?
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MidnightGenesis
· 22h ago
On-chain data hasn't reflected yet, don't rush to follow the trend. Just listen to what Goldman Sachs has to say; the real rule-based game is just beginning.
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SchrodingerWallet
· 22h ago
Goldman Sachs is paying close attention to this, which indicates there is indeed a chance.
It would be great if stablecoins could be truly regulated.
Just wait, since that's the policy anyway, there's no rush.
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EntryPositionAnalyst
· 22h ago
Goldman Sachs is also starting to take stablecoins seriously, which shows they really mean it.
Recently, Goldman Sachs CEO David Solomon brought up an interesting topic at the earnings conference—the Digital Asset Market Clarity Act. According to him, there is quite a bit of internal focus on this bill. Solomon believes that this bill could have a significant impact on the tokenization and stablecoin sectors, especially in terms of rule-making.
However, he also straightforwardly stated that if you want to see substantial progress, you might have to wait for some time. After all, policies like this often go through many negotiations from proposal to implementation. Currently, the crypto market's demand for a regulatory framework is indeed urgent, especially for stablecoins, which are under the spotlight. Some say it’s a waiting period, while others are optimistic about the long-term prospects—each with their own logic. In any case, ongoing developments are worth paying close attention to.