Coinbase CEO Says Banks Are Threatening Trump’s Support for Crypto Use
TLDR Armstrong says proposed bill would ban tokenized securities and DeFi platforms. Coinbase opposes any legislation that removes stablecoin yield options. The GENIUS Act allows stablecoin issuers to pay yield backed by U.S. Treasuries. Armstrong says big banks aim to protect profits by blocking new crypto products. Coinbase CEO Brian Armstrong has claimed that major […] The…
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