CandleFocus Coinbase's Talks With TradFi Firms Pick Up as Crypto Becomes More Bipartisan
2024-10-06
Author: Content Editor
Coinbase, one of the leading cryptocurrency exchanges, has seen increased interest from traditional financial institutions in recent months, according to Shan Aggarwal, the exchange's VP of corporate and business development. Aggarwal stated that conversations with big financial firms have "taken a turn" as support for cryptocurrencies has become more bipartisan in the US. This shift in perception could potentially lead to more traditional financial players embracing digital assets and contributing to the wider adoption of cryptocurrencies. Aggarwal also highlighted the need for improvements in onboarding processes to attract more users to blockchain-based applications. The increasing support for digital assets from both Democrats and Republicans is seen as a positive sign for the industry.
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