Ric Edelman just said something interesting during an interview with CoinDesk. According to him, the crypto industry is risking missing out on a huge regulatory opportunity because it insists on an issue that might not really be worth it.

What are we talking about? The dispute over stablecoin yields. Banks argue that allowing stablecoin issuers to offer yields could drain deposits from the traditional banking system. But Edelman is convinced that the real reason is much simpler: stablecoins pose a competitive threat to their business models.

This battle over yields has become a critical obstacle in negotiations over a broader crypto market framework bill that has been headed to Washington. The so-called Transparency Act could finally give the industry the regulatory clarity it has been waiting for years. Yet, banking lobbying is so politically strong that Edelman thinks "the argument will probably win."

Here’s the point: according to Edelman, the industry should find a compromise. "I don’t think it’s a battle worth dying for," he said. If the bill is blocked over this issue, the industry loses everything. Broader regulation would provide the certainty that companies and investors need to grow.

Forecast markets suggest the bill could pass, but timing remains uncertain. If it comes before the midterm elections, the chances increase. If not, the bill could stay stuck.

Regarding market impacts, Edelman is optimistic but realistic. If regulatory clarity arrives, cryptocurrency prices could rise quickly and reach new all-time highs. Bitcoin could even approach $500,000 by the end of the decade, as he has repeatedly stated. If the bill fails, he expects a sharp but temporary decline as investors react.

On the main assets front, Edelman continues to recommend investors allocate up to 40% of their portfolios in cryptocurrencies, focusing on Bitcoin (currently at $71.19K), Ethereum (2.20K), and Solana (82.07).

Looking ahead, Edelman predicts consolidation with about a dozen major cryptocurrencies dominating the sector. At the same time, tokenization could create hundreds of thousands of tokens on blockchains representing assets like real estate and commodities, significantly expanding diversification opportunities.

Regarding tokens, World Liberty Financial (WLFI) had a tough week. The token dropped 12% to its lowest levels since its listing in 2025, after the Trump-linked project had to defend a controversial lending strategy on the Dolomite DeFi platform. Currently, the token trades at 0.08, down 0.10% in the last 24 hours.