“Flood Points Opens” – says Brian Armstrong, CEO of Coinbase, says Trafi companies are working to accelerate encrypted currency investments
CEO Coinbase, CEO Coinbase, says traditional financing institutions (Trafi) is about to increase their investments in encrypted currencies.
On a new topic on the social media platform X, CEO of Coinbase, Brian Armstrong – who has just met with many world leaders and businessmen at the World Economic Forum in Switzerland – He says The “gates are open” for the digital assets industry, where large investors express their intention to enhance their presence in the field of encrypted currencies.
“Corporate leaders – banks, asset managers, payment services companies, etc. – all of them are working to accelerate investments in encrypted currencies. Cryptical currency allocations will rise, as well as their efforts to build on Blockchain. There will be more players and competition in the encrypted currencies. More than ever we welcome all of it.
We need encrypted currencies to update the entire global financial system to achieve these benefits for all. ”
According to Armstrong, President Donald Trump’s position in favor of encrypted currencies – including the possibility of creating a national Bitcoin (BTC) and the background of encrypted currencies – has forced others to “raise the level of their game”. He also pointed out that Trump, cryptocurrencies and artificial intelligence (AI) were the most discussed topics at the conference.
“President Trump forces everyone to raise the level of their game. Basically, each conversation with senior market leaders focused on what the Trump administration planned to do on encrypted currencies – for example, strategic bitcoin reserves – and how they can avoid failure to knee.
Since the company is in a better position to help governments create a strategic bitcoin reserve (through our memorization and trading services), these were valuable contact points. “
Last week, Trump signed an executive to study the potential impact to create a national stock of bitcoin and encrypted currencies. The title “strengthening American leadership in digital financial technology” creates a new working group that will coordinate and suggest a unified organizational approach to cryptocurrencies within six months.
Don’t miss any opportunity – Subscribe to email alerts that are delivered directly to your inbox
Verify the price of the price
Follow us on X,, Facebook and cable
Browse the daily Hodl Mix
 
Responsibility: The opinions mentioned in The Daily Hodl are not an investment advice. Investors should do due care before doing any high -risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transformations and trading are at your own responsibility, and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and The Daily Hodl is not an investment consultant. Please note that The Daily Hodl is involved in commission marketing.
Generated Image: Dale3
