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Mike Belshe, industry influencer, highlights that after over a decade of building institutional crypto infrastructure without regulatory clarity, the upcoming May 14 markup of the Clarity Act could bring long-awaited changes.
Belshe adds that this step is overdue and urges action to advance regulatory clarity for the crypto sector.
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Belshe has previously commented on technical advances in the sector, noting that BitGo's self-custody API enabled AI agent wallets from launch without fanfare. In recent coverage, industry inefficiencies remain a focus, with reports that $70 million is spent annually to distribute $4 million in funds. The sector continues to face scrutiny over both regulatory and operational challenges.