{"id":66768,"date":"2026-01-22T04:31:54","date_gmt":"2026-01-22T04:31:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/us-crypto-czar-predicts-bank-entry-into-digital-assets\/"},"modified":"2026-01-22T04:31:54","modified_gmt":"2026-01-22T04:31:54","slug":"us-crypto-czar-predicts-bank-entry-into-digital-assets","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/us-crypto-czar-predicts-bank-entry-into-digital-assets\/","title":{"rendered":"US Crypto Czar Predicts Bank Entry Into Digital Assets"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Banks and crypto firms will not stay separate forever. That was the message from White House crypto czar David Sacks while speaking this week at the World Economic Forum in Davos.<\/p>\n<p>In an interview on CNBC Squawk Box, Sacks said the long delayed US crypto market structure bill could eventually bring traditional banks and crypto companies into a single digital asset industry. He framed the current disagreements as temporary growing pains rather than a permanent divide.<\/p>\n<hr\/>\n<p><strong><em>Good to Know<\/em><\/strong><\/p>\n<ul>\n<li><strong><em>Sacks spoke at the World Economic Forum in Davos<\/em><\/strong><\/li>\n<li><strong><em>Stablecoin yield remains the main sticking point in Congress<\/em><\/strong><\/li>\n<li><strong><em>A market structure bill could pull banks deeper into crypto<\/em><\/strong><\/li>\n<\/ul>\n<hr\/>\n<p>Sacks addressed negotiations around the proposed CLARITY Act, which remains stalled in the US Senate. Lawmakers continue to debate whether stablecoin issuers should be allowed to offer yield, a question that has split banks and crypto firms.<\/p>\n<p>He said the yield issue has become the biggest barrier to progress, but urged both sides to compromise. Sacks said lawmakers need to deliver a full market structure bill to President Donald Trump rather than allow a single issue to block broader reform.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Yield Debate Slowing Market Structure Bill<\/h2>\n<p>Sacks pointed to the GENIUS Act as a useful comparison. That bill failed several times before finally becoming law. He said banks should recognize that yield already exists within the current framework, even if the rules remain unsettled.<\/p>\n<p>He also urged crypto companies to take a wider view of the situation.<\/p>\n<p><em>\u201cI understand yield is philosophically important to them, but so is getting an overall market structure bill,\u201d<\/em> Sacks said.<\/p>\n<p>Sacks argued that once Congress passes the legislation, banks will move fully into the crypto space rather than treating it as a parallel system.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Banks Expected to Enter Stablecoin Business<\/h2>\n<p>According to Sacks, passage of a market structure bill would erase the current line between traditional finance and crypto.<\/p>\n<p><em>\u201cAfter the bill passes, the banks are going to get fully into the crypto industry,\u201d<\/em> he said. <em>\u201cSo we\u2019re not going to have a separate banking industry and crypto, it\u2019s going to be one digital asset industry.\u201d<\/em><\/p>\n<p>He added that banks may eventually support paying yield, especially as they begin issuing and managing stablecoins themselves.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/david-sacks-says-banks-and-crypto-will-become-one-industry\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Banks and crypto firms will not stay separate forever. That was the message from White House crypto czar David Sacks while speaking this week at the World Economic Forum in Davos. In an interview on CNBC Squawk Box, Sacks said the long delayed US crypto market [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":66769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66768"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=66768"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/66769"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=66768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=66768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=66768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}