Brian Armstrong faced a muted reception from top U.S. bank executives at Davos, according to multiple sources. The moment underscores persistent friction between crypto platforms and traditional finance, even as dialogue continues.
Sources cited by the Wall Street Journal say stablecoin rewards and the Clarity Act are widening the crypto-TradFi gap. The report frames regulatory developments as a growing obstacle to closer collaboration.
Industry observers say these dynamics reflect broader tensions between innovation and oversight, with implications for policy, markets, and crypto adoption. However, proponents argue structured regulation could unlock mainstream finance participation over time.
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