Coinbase CEO slams Bessent's comments on stalled crypto bill

It's not "recalcitrant actors" like Coinbase stalling crypto regulation; it's banking trade groups, driven by a zero-sum mindset and fear that stablecoin rewards will siphon deposits, who are the real obstacle. They're actively hindering progress to protect their own turf. Is this just a convenient excuse, or are traditional finance institutions truly holding back innovation for self-preservation?
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