Public Blockchains Set To Play A Central Role In Finance, Says Industry Executive

Polygon Labs anticipates public blockchain technology becoming essential to global financial systems, offering unmatched affordability and liquidity.

However, regulatory challenges, particularly around privacy, continue to create obstacles for institutional adoption.

Regulatory Challenges in Blockchain Integration

According to Colin Butler, global head of institutional capital at Polygon Labs, regulatory concerns remain the main hurdle in aligning blockchain with established financial infrastructure.

“At Polygon, we believe that public blockchains will play a key role in the global financial infrastructure as the lowest cost, highest liquidity solution,” Butler said. However, he noted that privacy concerns present a regulatory barrier to this vision, especially as financial institutions seek secure, compliant solutions.

Full story available on Benzinga.com

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