Bitcoin Can't Be Broken By Wall Street, CEO Says
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Bitcoin Can't Be Broken By Wall Street, CEO Says
Morgan Stanley is now undercutting Coinbase, Robinhood, and Charles Schwab on Bitcoin and crypto trading fees — and Strike CEO Jack Mallers isn’t worried about it one bit. Wall Street’s Growing Footprint The bank recently launched a crypto trading pilot through its E*Trade platform, charging clients 50 basis points per transaction. That’s less than what the biggest US crypto and brokerage platforms charge for standard retail trades. It’s one of …
Jack Mallers: Wall Street poses no threat to Bitcoin's future
Bitcoin’s ongoing institutional embrace is drawing attention from across the market, but Strike CEO Jack Mallers argues that Wall Street’s deeper involvement does not undermine the asset’s core principles. In a wide-ranging conversation with Danny Knowles on the What Bitcoin Did podcast, Mallers defended Bitcoin’s ethos while acknowledging the a new era of capital flow. “My one-word answer to that is no,” Mallers said, responding to whether inst…
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