Crypto CEO who has become the No 1 enemy of America's biggest banks
Coinbase CEO Brian Armstrong faced a heated exchange with JPMorgan's Jamie Dimon at Davos, accusing banks of lobbying against crypto legislation. Banks, fearing competition from stablecoin rewards, are pushing back against crypto's expansion into consumer finance. This tension highlights a growing rift as digital assets move mainstream, with potential legislative battles ahead.
Coinbase CEO Brian Armstrong faced a heated exchange with JPMorgan's Jamie Dimon at Davos, accusing banks of lobbying against crypto legislation. Banks, fearing competition from stablecoin rewards, are pushing back against crypto's expansion into consumer finance. This tension highlights a growing rift as digital assets move mainstream, with potential legislative battles ahead.
