David Sacks: Banks Will Enter Crypto After Structure Bill

Source: Coinomedia Original Title: David Sacks: Banks Will Enter Crypto After Structure Bill Original Link: https://coinomedia.com/david-sacks-crypto-bill/ Venture capitalist and entrepreneur David Sacks has made a bold prediction: once the Crypto Market Structure Bill is passed, traditional banks will make a full-scale entry into the crypto space. Sacks, a long-time supporter of both AI and crypto innovation, believes that regulatory clarity is the missing piece keeping major financial institutions from diving in.

The bill aims to clearly define how digital assets are regulated in the U.S., assigning roles to the SEC and CFTC while laying out how crypto firms should operate legally. According to Sacks, this clarity will remove the roadblocks that have kept banks cautious.

Regulatory Clarity Will Unlock Institutional Demand

While some banks have explored crypto cautiously, many have been held back by fear of regulatory blowback. With the Crypto Market Structure Bill in place, these institutions will feel more confident to offer services like trading, custody, and even staking solutions.

Sacks highlights that this isn’t about a new interest—it’s about long-standing interest finally being allowed to move forward. Once legal boundaries are clear, banks may rapidly deploy crypto products, putting them in direct competition with existing crypto platforms.

A New Era for the Crypto Ecosystem

Institutional involvement could boost the crypto industry’s credibility, attract more users, and even encourage broader adoption. However, it also raises concerns about whether the traditional banking system will dilute crypto’s core principles of decentralization and user sovereignty.

Still, as Sacks suggests, the passing of the Crypto Market Structure Bill may mark the beginning of a new phase in crypto history—one where traditional and digital finance fully collide.