The bank argued that legislative momentum remains strong as industry heavyweights prioritize long-term regulatory certainty over unpredictable enforcement.
Founders Fund and Galaxy-backed Citrea is aiming to unlock Bitcoin-denominated credit markets with a new mainnet and a Treasury-backed stablecoin designed for USD settlement.
While the increasingly professional bad guys' crypto rocketed to $158 billion in 2025, it's still a decreasing share of overall digital assets activity.
The asset manager argued that without federal legislation, the industry has three years to become indispensable before political winds potentially shift.
A crypto lobby group said it found "increased hostility" from British banks, casting a shadow over the global cryptocurrency leadership the country said it is vying for.