Goldman Sachs: US crypto bill key to unlocking institutional investment

The U.S. crypto market structure bill, known as the CLARITY Act, will likely accelerate the inflow of institutional capital and lower investment barriers, Goldman Sachs projected in a recent report cited by CoinDesk. The investment bank stated that regulatory uncertainty remains a primary obstacle to institutional participation, and an improved regulatory framework is essential for financial institutions to enter the market. Goldman Sachs described the bill as a crucial foundation for capital inflows, adding that its passage in the first half of this year would be highly significant. According to a survey conducted by the bank, 35% of institutional investors identified regulatory uncertainty as their top investment hurdle. Despite growing interest, crypto assets currently account for only 7% of their managed assets, though 71% of respondents plan to increase their allocation within the next 12 months. A hearing on the bill is scheduled in the Republican-led Senate for Jan. 15.