BlackRock’s Conflict With SEC Impacts Cardano as Institutional Players Weigh In

Asset managers like BlackRock are seeking greater clarity from regulators regarding Cardano’s Proof-of-Stake (PoS) technology. The firm’s interest in its Ethereum ETF product has sparked speculation about potential benefits for Cardano, particularly if the SEC approves a related application. The ongoing conflict between global investment giant Blackrock and the US Securities and Exchange Commission (SEC) is significantly influencing institutional engagement with cryptocurrencies.