Crypto Council for Innovation Launches Vault Coalition on Friday to Pursue Regulatory Clarity

According to The Block, the Crypto Council for Innovation (CCI) launched the Vault Coalition on Friday, with backing led by Galaxy and Morpho. BitGo, a16z, the Avalanche Policy Coalition, and Sharplink also participate in the coalition.

The coalition aims to develop legal analysis, policy principles, and regulatory frameworks for crypto vaults—smart contracts that pool deposited assets to generate yield. Morpho General Counsel Christopher Robins stated: 'Institutional participants are prepared to deploy, but they require a clear legal roadmap to move forward.' CCI will advocate for regulatory treatment grounded in how vaults function, not analogies to traditional financial products.