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Crypto Rules Will Promote Institutional Adoption

Crypto News

Goldman Sachs reportedly sees more cryptocurrency adoption happening as regulations improve and new usages emerge.

A new report from the Wall Street bank, cited Monday (Jan. 5) by CoinDesk, offers a positive outlook for the industry, especially for infrastructure companies that support the crypto ecosystem but aren’t as exposed to market fluctuations.

“We see the improving regulatory backdrop as a key driver to continued institutional crypto adoption, especially for buyside and sellside financial firms, as well as new use cases for crypto developing beyond trading,” analysts led by James Yaro wrote, per CoinDesk.

The report added that pending U.S. market structure legislation could be a major catalyst. These include bills that…

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