Coinbase chief Brian Armstrong said at the World Economic Forum in Davos that the majority of the bank CEOs he met were supportive of cryptocurrency and saw it as an opportunity. He noted that some banks have not yet fully embraced crypto, but the overall sentiment points to a strategic shift toward digital assets. Armstrong also cited reports that at least one of the world’s top-ten banks considers cryptocurrency its top priority and believes it could be essential for the bank’s survival.
The remarks indicate growing alignment between traditional finance and the crypto sector. The Davos setting underscores continued collaboration between incumbents and crypto firms.
Overall, the comments indicate a broader trend toward integrating digital assets into mainstream finance. Banks are weighing custody, risk controls, and regulatory considerations as crypto becomes more embedded in strategic planning.
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