Expert Warns U.S. Digital Asset Act May Favor Large Institutions

Gnosis co-founder Friederike Ernst expressed concerns about the U.S. Digital Asset Market Structure Clarity Act, suggesting it might grant large financial institutions increased control over the cryptocurrency market. According to NS3.AI, Ernst highlighted that certain provisions of the act seem to imply that market activities should be routed through centralized intermediaries. This approach could potentially diminish the influence of blockchain users as active participants and stakeholders within the network.