Coinbase CEO says Big banks now view crypto as an ‘existential’ threat to their business

Coinbase CEO says Big banks now view crypto as an ‘existential’ threat to their business

Brian Armstrong returns from World Economic Forum with message: traditional finance is taking crypto seriously

Coinbase CEO Brian Armstrong Reveals Major Bank Partnerships and Crypto Adoption Strategy at Davos

TLDR: Coinbase partners with JP Morgan and PNC Bank to integrate crypto infrastructure into banking products  BlackRock shows interest in tokenizing funds as financial institutions move operations onto blockchain  Genius Act requires US-regulated stablecoins to hold 100% assets in short-term US treasury securities  Armstrong identifies on-chain asset trading and B2B stablecoin payments as key industry growth trends   Coinbase CEO Brian Armstron…

Coinbase CEO Says Major Banks Now See Crypto as an “Existential” Priority After Davos Talks

During the World Economic Forum in Davos, Coinbase CEO Brian Armstrong revealed a striking shift in sentiment among global financial institutions, saying a top executive at one of the worlds 10 largest banks described crypto as their number one priority and an existential issue. Armstrong shared the insight in a post on X, highlighting how rapidly traditional banks are rethinking their stance on digital assets as crypto infrastructure matures an…