Symbiotic COO Says Lack of Political Will is Hindering Crypto Regulation
Jillian Friedman, chief operating officer at Symbiotic, believes the biggest obstacle to crypto regulation has been political decision-making rather than a shortage of expertise among regulators. Friedman noted that many government agencies have spent years developing a strong understanding of blockchain technology, decentralized finance, and digital assets. Even so, she noted that adoption by major financial institutions has advanced far more slowly than many early industry participants predicted, despite increasing legal certainty. Friedman entered the cryptocurrency sector in 2014 after launching a law firm dedicated to serving blockchain businesses. At that time, Bitcoin dominated the market, while legal frameworks and…





