For nearly a decade, global financial institutions have operated with a convenient safety valve: the “lack of regulatory clarity.” It was the standard institutional rationale for keeping digital assets at arm’s length. But as we move into 2026, that safety valve has been permanently closed.
Jerald David, CEO of Lynq, has spent the better part of seven years navigating this transition from the inside, from meetings with the CME team during the formative days of the Bitcoin Futures contract to the creation and launch of the first digital treasury fund. His verdict on the current state of the market is a wake-up call for those still waiting for a perfect, global harmonized signal: “We’re 85% of the way there,” he told me in a recent interview. “The game is set.”
By declaring the “game set,” David is identifying a fundamental structural inflection point. The industry has moved past the era of debating if the rules will arrive. The price of the underlying assets has become a secondary concern to the primary reality: the regulatory foundation is now sufficiently mature to support massive institutional scale.
Read more: Forbes.com