Trump’s AI and Crypto Czar Says Crypto and Traditional Banks Will Become ‘One Industry’
9 Articles
9 Articles
Eric Trump Says 'Big Banks' Doing Everything They Can To Stop Crypto Legislation For 'Obvious' Reasons: 'The Entire Financial System Is Changing' - American Bitcoin (NASDAQ:ABTC)
Eric Trump said major U.S. banks are actively resisting cryptocurrency legislation because it threatens what he described as a long-standing monopoly over the financial system.
David Sacks Says Crypto And Banks Are Headed For A Historic Merger
The divide between traditional banking and crypto may not last much longer. According to David Sacks, the White House AI and Crypto Czar, the United States is approaching a turning point where banks and crypto firms will no longer operate as rival systems, but as one unified digital asset industry. Sacks shared this view during […]
Sacks: Banks and Crypto Will Merge Into One Digital Asset Industry
Introduction At Davos, White House crypto adviser David Sacks laid out a forward-looking vision in which banks and crypto firms eventually operate under a single digital asset framework, once Congress finalizes a long-delayed market structure bill. Speaking with CNBC’s Squawk Box during the World Economic Forum, Sacks framed the CLARITY Act as a pivotal but stalled path forward, with the debate over stablecoin yields identified as the main hurdl…
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