★Wall Street won’t buy ‘trustless’ security promises

The Big Coin Report Take

Wall Street remains wary of crypto exchange security, with Chen asserting that current measures are largely superficial. This skepticism is a significant hurdle for broader institutional adoption, as traditional finance prioritizes robust, verifiable security over "trustless" promises. The core issue is the perceived lack of tangible, auditable security protocols that meet established financial standards. Moving forward, watch for increased regulatory pressure and the development of transparent, third-party audited security frameworks as a prerequisite for attracting serious institutional capital.