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

https://www.coindesk.com/business/2026/01/24/coinbase-ceo-says-big-banks-now-view-crypto-as-an-existential-threat-to-their-business

6 Comments

  1. lurninandlurkin on

    Now? They’ve been trying to stop it for years for fear of anything opposing their monopoly.

  2. Time to let the free market happen. That means banks may be replaced by technology. And it’s a good thing. Let markets function.

    The very framing on this debate reeks of protection rackets.

    If a bank can’t change enough to stay relevant, it means they can’t compete. And if they can’t compete, they should be replaced by companies who can. No company has a “right to exist.” You need to keep customers, stay current, and stay relevant and competitive.

  3. Expensive_Special120 on

    Oh so a crypto ceo says that his competitors are going to try and cripple you.

    Got it.