Digital Asset co-founder and CEO Yuval Rooz told an audience at Token2049 in Singapore that the crypto industry should use the current US regulatory climate to push institutional adoption forward, so that blockchain becomes too entrenched for a later administration to reverse. Cointelegraph reported his remarks on Oct. 8, 2026. The argument is a strategic and political claim, not a proven guarantee: widespread use may make rollback harder, but nothing reported shows that adoption alone can stop a future policy change.
Who is making the claim
Digital Asset is the company behind the Canton Network, which is why the headline refers to a “Canton CEO.” Cointelegraph identifies Rooz as Digital Asset’s co-founder and CEO. His remarks were reported as part of a Token2049 panel, and the report does not indicate that he was speaking for the Canton Network as a separate entity.
What Rooz argued
As Cointelegraph reports it, Rooz’s core point is timing. The industry should accelerate institutional use of blockchain while the present US regulatory environment allows it. He compared the situation to Uber and Airbnb, which he said became entrenched before policymakers decided to restrict them. In his words, as quoted by Cointelegraph: “By the time people got their act together and decided, OK, we wanna legislate against those companies, it was too late.” The report also quotes him saying there is “no going back” for the industry by 2028.
No event recording or transcript was located, so those quotations should be attributed to Cointelegraph’s account of the remarks.
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Why adoption might create policy inertia
The logic behind the argument is that a policy becomes costly to reverse once many businesses, customers and institutions depend on the activity it governs. Lawmakers rarely want to disrupt payment systems, savings products or market infrastructure that millions of people already use. In that sense, adoption can raise the political cost of hostile action.
The limits of that logic are important. Rooz’s analogy describes services that were regulated in some jurisdictions after they grew large, so it shows that regulators sometimes act late, not that they cannot act at all. Ride-hailing and short-term rental companies remain subject to local rules, taxes and enforcement. Entrenchment changes the cost and tone of a policy fight. It does not remove the legal authority that future administrations and legislatures keep.
The legislative and regulatory backdrop
Cointelegraph places the remarks against a September Senate procedural vote in which, according to the outlet, the CLARITY Act failed to advance. The report also says the SEC and CFTC have continued their work under their existing authority. These are time-sensitive statements about the state of play as reported on October 8, 2026, and they were not checked against official Senate or agency records for this article. Readers should confirm the current status of the bill and any agency actions on Congress.gov or the SEC and CFTC websites before relying on them.
Two other panelists offered contrasting views in the same report:
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- Richard Teng, Binance co-CEO, reportedly hoped the CLARITY Act would become law.
- Jenny Johnson, Franklin Templeton CEO, reportedly said legislation would bring greater certainty but advised against relying on the bill passing.
Johnson’s position reflects the central tension in Rooz’s argument: a favorable agency posture can change quickly, and a bill that does not pass leaves that posture resting on rules that can shift with leadership.
Three axes for judging the argument
The report does not compare specific products or policy options. The following framing helps separate the questions the debate raises. These are editorial categories inferred from the positions reported, not established findings.
| Axis | What it means | What the report does not establish |
|---|---|---|
| Statutory certainty vs. agency action | Legislation is durable across administrations. Agency action under existing authority can be changed by later leadership. | Whether the CLARITY Act will pass, and on what timeline. |
| Adoption speed vs. window risk | Faster institutional adoption may build dependence sooner, but it also depends on a regulatory window that may close. | Any adoption statistic. The report cites none. |
| Political entrenchment vs. retained authority | Widespread use can raise the cost of restriction for lawmakers. | Whether a future administration would be deterred by that cost in practice. |
What the argument means for personal finance
For an individual, Rooz’s claim is not a reason to buy, hold or avoid any asset. It is a signal about how the industry itself is thinking about the next few years. A few practical points follow from the reporting:
- Treat “no going back” as a statement of intent by an industry executive, not a legal safeguard for customers or investors.
- Check which rules apply to any crypto product you use, including who regulates it and what protections, if any, apply if the provider fails.
- Note that a favorable policy period can change. A product that depends on current treatment may face new requirements or restrictions later.
- Keep records of the sources you rely on, especially for time-sensitive claims about bills and agency actions.
What is established and what is not
The reported facts are narrow: Rooz made the argument at Token2049, Cointelegraph quoted him, and the outlet described the CLARITY Act’s September procedural setback and the agencies’ continued activity. The report contains no adoption figures and no independent verification of its legislative or agency-status claims. The reference to a Nov. 7, 2028 presidential election is attributed to Rooz as reported by Cointelegraph and has not been checked against an official election calendar in this article.
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What remains open is whether adoption can actually make a policy harder to change. That is a question for future politics and courts, and it will only be answered by events that have not yet happened.
Digital Asset is one company’s view. Read Cointelegraph’s report alongside official government sources and your own financial circumstances before drawing conclusions about crypto’s future.
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