๐จ #HEADLINE : BANKS ARE SCARED OF CRYPTO.
Earlier this year, the Counbase CEO and co-founder Brian Armstrong retracted himself from the #CLARITYAct which aimed at pushing Crypto in the U.S but the bill included certain unacceptable materials which the Coinbase CEO saw as a "handout" to banks out of fear
๐๐ฅ Add now : $LA | $ACA | $GUN
The bill included a provision that effectively prohibited crypto companies from paying interest or "rewards" on stablecoins (like USDC), a ban on tokenization of stocks and some other few.
The Coinbase CEO stated that banks are attempting to undermine the president #Trump crypto agenda.
