Goldman Sachs analysts, including James Yaro, have identified improving regulatory conditions as a crucial driver for increased institutional adoption of crypto assets. According to a report, the ongoing legislative efforts in Congress, particularly the "Clarity Act," serve as a significant catalyst. This proposed legislation aims to establish a clear regulatory framework for tokenized assets and DeFi, while delineating the oversight boundaries between the SEC and CFTC. Such clarity is deemed essential for unlocking institutional capital and fostering compliant participation in the crypto market.