TradFi continues to embrace crypto at an accelerating rate

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With CLARITY inching closer and closer to becoming law, with the actual text released lining up with a Senate Banking Committee hearing, the pivot of crypto from being a tool for truly decentralized actors to a more centralized asset class continues to accelerate. Before diving into more headlines and developments that reinforce this point, it is worth revisiting just why exactly this trend has developed in the first place. Despite some of the corners of the crypto marketplace that continue to vigorously advocate for true decentralization, having individuals maintaining custody of private keys, and not trusting centralized institutions, the fact remains that mainstream…