REGULATION · GLOBAL
Crypto industry gains regulatory framework as wallet security incidents test confidence
Crypto is moving toward formal rulesets globally, but confidence remains fragile after recent high-profile custody failures (e.g., SecondFi's Yoroi wallet issues). The industry is being forced to clarify its long-term role in mainstream finance amid regulatory scrutiny.
WHY IT MATTERS
Custody risk and regulatory ambiguity remain barriers to BFSI firms adopting crypto as a settlement layer; until SEC/CFTC/FCA publish final custody rules, enterprise crypto adoption will plateau.
Source: Tearsheet · 2026-07-30