Brian Armstrong said that at the World Economic Forum in Davos, which ended on January 24, most of his conversations with participants focused on the actions of the new US administration:
“Trump is forcing everyone to raise their game. The market is awaiting his further actions regarding the regulation of crypto assets.”
According to the businessman, representatives of the financial system are showing more and more interest in cryptocurrencies, banks and payment services are actively increasing investments in digital assets.
At the same time, legal restrictions still remain a significant obstacle, and banking institutions are increasingly limited in transactions with Bitcoin. But the American administration’s cryptocurrency strategy instills confidence in investors, a top manager at Coinbase said.
Earlier, Brian Armstrong said at the World Economic Forum in Davos that the global financial system is moving towards a Bitcoin standard in the monetary system.
Source: Bits

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