Techub News message: During Korea Blockchain Week 2026, BitGo CEO Mike Belshe said that the U.S. Senate failed to advance the CLARITY Act, leaving the digital asset market still lacking a market-structure arrangement that consolidates trading, brokerage, and custody functions within a single institution. Belshe believes this “one-stop” model creates custody risks and counterparty credit risks; if key institutions simultaneously perform multiple core functions, a single point of failure could have systemic implications for the entire market. (Wu Shuo Blockchain)
