Coinbase CEO Brian Armstrong shared insights from the World Economic Forum, where discussions overwhelmingly focused on President Trump’s plans for crypto. Armstrong mentioned that major market leaders are eager to understand the Trump administration's stance on cryptocurrencies to avoid being left behind. He noted the interest expressed by leaders from Argentina and El Salvador about free markets as catalysts for prosperity. Speculation arose around Trump’s executive order to form a digital asset markets working group, which could potentially impact various cryptocurrencies. Armstrong reported that financial institutions are ramping up their crypto investments, aiming to enhance the global financial system. However, he acknowledged that traditional finance executives cited regulatory limitations that still restrict banks from fully engaging with Bitcoin. Armstrong emphasized the need for increased competition within the crypto sphere to support a financial system upgrade for broader benefits.

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