🚨 JUST IN: COINBASE CEO ACCUSES BANKS OF BLOCKING CRYPTO COMPETITION
$DCR Coinbase CEO Brian Armstrong said traditional banks are trying to 'kill competition' by misinterpreting and applying the current Cryptocurrency Act of Clarity.
📌 Key points from Armstrong:
• Banks want to protect old interests
• The current law is being used to stifle innovation
• Crypto and fintech are being pushed out of the traditional financial system$PIVX
⚠️ Why this matters:
This accusation highlights the power struggle between traditional finance and crypto, at a time when the U.S. Congress is debating a new regulatory framework for the market.
🔥 The bigger picture:$FOGO
If the law continues to be manipulated in a way that discourages competition, the U.S. risks falling behind in the global race for digital finance — exactly what crypto companies have been warning about.
#MarketRebound #CEO #Binanceholdermmt
