LONGITUDE recap: Adam Back on Satoshi, crypto regulation needs tweaks
At the LONGITUDE event in Paris, Blockstream CEO Adam Back denied renewed claims he is Satoshi Nakamoto, while industry leaders discussed regulation, market structure and stablecoin adoption. OKX Europe’s CEO said MiCA has been “extremely beneficial” for building trust after the firm became fully MiCA-compliant in January 2025, but panelists warned that heavy regulatory burdens could push innovation abroad. Speakers noted roughly $317 billion in stablecoin circulation (up ~50% year‑over‑year) and debated the U.S. CLARITY Act, whose Senate markup has been delayed. Cardano’s CEO predicted the CLARITY Act’s passage could dramatically accelerate non‑TradFi adoption. Overall the discussion signals positive adoption and trust implications from clearer rules but also highlights regulatory fragmentation risks that could temper innovation — a mixed near‑term market impact for Bitcoin and the broader crypto sector.