{"id":5894,"date":"2026-01-22T08:59:43","date_gmt":"2026-01-22T08:59:43","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=5894"},"modified":"2026-01-22T08:59:43","modified_gmt":"2026-01-22T08:59:43","slug":"banks-and-crypto-will-merge-into-one-industry","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=5894","title":{"rendered":"Banks and Crypto Will Merge Into One Industry"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_f14e75faf98ef02a4942ee51c9752ca7\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">David Sacks says banks are likely to enter crypto once U.S. market structure legislation is passed.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Disagreement over stablecoin yield is delaying progress on the CLARITY Act.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sacks argues compromise is necessary to achieve regulatory parity and unlock broader adoption.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>White House crypto adviser David Sacks has predicted that US banks will fully adopt crypto once long-delayed market structure legislation is approved by Congress. Speaking with CNBC at the World Economic Forum in Davos, Sacks said regulatory clarity would eliminate the divide between traditional finance and digital asset firms.<\/p>\n<div id=\"blockquote-block_d63c255e1df8428bbf1aa68c9609c4da\" class=\"blockquote-container variant-personal\">\n<div class=\"blockquote-text\">\n<p>We\u2019re not going to have a separate banking industry and crypto industry. It\u2019s going to be one digital assets industry.<\/p>\n<\/div>\n<div class=\"blockquote-attribution\">\n        <img decoding=\"async\" class=\"author-image lazyload\" src=\"https:\/\/cdn.cryptonews.com.au\/2025\/01\/20131427\/David-Sacksa.jpg\"\/><img decoding=\"async\" src=\"https:\/\/cdn.cryptonews.com.au\/2025\/01\/20131427\/David-Sacksa.jpg\" class=\"author-image\" data-eio=\"l\"\/>        David Sacks, White House Crypto Advisor    <\/div>\n<\/div>\n<p>Sacks said passage of a comprehensive market structure bill would create a single digital asset industry, rather than parallel banking and crypto sectors operating under different rules. He added that many banks have remained cautious due to uncertainty over how regulators would oversee crypto-related activities.<\/p>\n<p>Negotiations around the CLARITY Act have stalled largely due to disagreements over stablecoin yield, which has emerged as the most contentious provision in the proposed legislation. Crypto firms have pushed to offer yield on stablecoins, while banks have argued this could undermine traditional deposit models.<\/p>\n<p><strong>Related: Scaramucci, Armstrong, Warn Stablecoin Yield Ban Hands China a Strategic Edge<\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-calls-for-compromise-intensify\">Calls for Compromise Intensify<\/h2>\n<p>Sacks said compromise is necessary to move the bill forward, warning that banks risk losing leverage if talks collapse. He argued that stablecoin rewards could persist under current law even without new legislation, making negotiation preferable to inaction.<\/p>\n<p>At the same time, Sacks said crypto advocates should prioritise achieving a broader regulatory framework rather than focusing solely on yield provisions. He described the legislative process as iterative, pointing to the GENIUS Act, which failed multiple times before becoming law.<\/p>\n<p>Sacks acknowledged concerns about uneven oversight, stating that similar financial products should be subject to consistent regulation regardless of whether they are offered by banks or crypto firms. He said any final agreement would likely require concessions from all sides.<\/p>\n<p><strong>Related: Analyst: Why Chainlink Matters More Than Most Investors Realise<\/strong><\/p>\n<\/p><\/div>\n<p>Banks,Cryptocurrency#Banks #Crypto #Merge #Industry1769072383<\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Sacks says banks are likely to enter crypto once U.S. market structure legislation is passed. Disagreement over stablecoin yield is delaying progress on the CLARITY Act. Sacks argues compromise is necessary to achieve regulatory parity and unlock broader adoption. White House crypto adviser David Sacks has predicted that US banks will fully adopt crypto<\/p>\n","protected":false},"author":1,"featured_media":5895,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[47,62,180,1625],"class_list":{"0":"post-5894","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-banks","9":"tag-crypto","10":"tag-industry","11":"tag-merge"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Banks and Crypto Will Merge Into One Industry - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=5894\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks and Crypto Will Merge Into One Industry\" \/>\n<meta property=\"og:description\" content=\"David Sacks says banks are likely to enter crypto once U.S. market structure legislation is passed. Disagreement over stablecoin yield is delaying progress on the CLARITY Act. Sacks argues compromise is necessary to achieve regulatory parity and unlock broader adoption. White House crypto adviser David Sacks has predicted that US banks will fully adopt crypto\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=5894\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-22T08:59:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.cryptonews.com.au\/2025\/01\/20131427\/David-Sacksa.jpg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5894\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=5894\",\"name\":\"Banks and Crypto Will Merge Into One Industry - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5894#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5894#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/banks-crypto.jpeg\",\"datePublished\":\"2026-01-22T08:59:43+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5894#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=5894\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5894#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/banks-crypto.jpeg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/banks-crypto.jpeg\",\"width\":1920,\"height\":768},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5894#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banks and Crypto Will Merge Into One Industry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Banks and Crypto Will Merge Into One Industry - Crypto News: Latest Cryptocurrency News and Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=5894","og_locale":"en_US","og_type":"article","og_title":"Banks and Crypto Will Merge Into One Industry","og_description":"David Sacks says banks are likely to enter crypto once U.S. market structure legislation is passed. Disagreement over stablecoin yield is delaying progress on the CLARITY Act. Sacks argues compromise is necessary to achieve regulatory parity and unlock broader adoption. White House crypto adviser David Sacks has predicted that US banks will fully adopt crypto","og_url":"https:\/\/cryptonews.uk.com\/?p=5894","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-01-22T08:59:43+00:00","og_image":[{"url":"https:\/\/cdn.cryptonews.com.au\/2025\/01\/20131427\/David-Sacksa.jpg","type":"","width":"","height":""}],"author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=5894","url":"https:\/\/cryptonews.uk.com\/?p=5894","name":"Banks and Crypto Will Merge Into One Industry - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=5894#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=5894#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/banks-crypto.jpeg","datePublished":"2026-01-22T08:59:43+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=5894#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=5894"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=5894#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/banks-crypto.jpeg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/banks-crypto.jpeg","width":1920,"height":768},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=5894#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Banks and Crypto Will Merge Into One Industry"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto &amp; Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/5894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5894"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/5894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/5895"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}