According to CoinMeta, as reported by Bloomberg, Canton CEO Yuval Rooz stated that the crypto industry should accelerate the adoption by institutions in order to cope with changes in U.S. policy and push blockchain development to an irreversible stage. Binance's co-CEO Richard Teng hopes that the Clarity bill will become law to prevent a regression in regulation. Franklin Templeton CEO Jenny Johnson noted that legislation can increase certainty, but the industry should not rely on this bill, as the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have already been advancing regulation based on their existing authorities.