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Animoca Brands co-founder Yat Siu on Wednesday said the crypto industry is unlikely to “win” the stablecoin battle against traditional banks, arguing that the biggest fight will be shaped by bank distribution power and the political compromises that come with legislation. “I don’t think he’s going t

“You are full of s—” was the blunt message from JPMorgan Chase CEO Jamie Dimon to Coinbase founder Brian Armstrong during an unexpected confrontation at the World Economic Forum in Davos last week, after Armstrong publicly accused banks of trying to sabotage crypto legislation in Washington. Dimon D

The White House is set to convene senior executives from the banking and cryptocurrency sectors this week as it seeks to revive stalled digital asset legislation amid a growing dispute over stablecoin-related interest payments. Organized by the White House’s crypto policy council, will center on how

A new market structure draft released by the U.S. Senate Agriculture Committee would explicitly keep self-custody wallets and non-custodial DeFi interfaces outside federal regulation, even as industry leaders including Brian Armstrong argue that broader crypto legislation in Congress continues to ti

Central banks risk losing control over money if privately issued, dollar-backed stablecoins become the dominant form of tokenized finance, France’s central bank governor on Wednesday warned, as global policymakers and crypto executives publicly split over who should anchor the next phase of the fina