Coinbase’s Quiet Bank Deals Are a Big Deal
Coinbase CEO Brian Armstrong says the best banks are leaning into crypto as an opportunity. The exchange has quietly announced pilot projects with Citi, JPMorgan Chase, and PNC Bank in recent months.
Coinbase CEO Brian Armstrong says the best banks are leaning into crypto as an opportunity. The exchange has quietly announced pilot projects with Citi, JPMorgan Chase, and PNC Bank in recent months.
The Trump administration is actively working to establish crypto leadership through new working groups and legislation. But industry behavior may be the bigger obstacle to mainstream acceptance. The path forward requires more than just political support.
The crypto market is experiencing one of its worst quarterly performances, with Bitcoin dropping to $87,000 and down 31% from its all-time high. Analysts point to Federal Reserve uncertainty and massive liquidations as key drivers, though some predict a recovery ahead.
Africa is becoming the epicenter of stablecoin adoption, with Nigeria, Ghana and Kenya among the top users globally. Yellow Card’s expansion into Brazil, India and Mexico signals a global shift away from traditional dollar-based systems.
A Columbia University study reveals that wash trading may account for a quarter of Polymarket’s activity. The findings challenge the platform’s credibility as it prepares for a US return. Researchers link artificial trading to potential token airdrop speculation.