BitGo CEO Mike Belshe shared during Korea Blockchain Week 2026 that the U.S. Senate's failure to advance the CLARITY Act has left the digital asset market lacking structural arrangements for trading, brokerage, and custody functions concentrated within a single institution. Belshe believes this 'one-stop-shop' model introduces two major risks: custody risk and counterparty credit risk. If a key institution simultaneously handles multiple core functions, its single point of failure could have systemic impacts on the entire market. He compared this structure to the 2008 Lehman Brothers collapse, suggesting the potential consequences could be even more severe. These remarks reflect Belshe's personal views. (The Block) https://www.(wublock123.com)/news/bitgo-ceo-clarity-act-fails-to-impose-structural-constraints-on-crypto-onramp-platforms-69445