Coinbase CEO Brian Armstrong said the exchange is withdrawing its backing for a major U.S. market-structure crypto bill and mounted a media tour, reportedly clashing with JPMorgan’s Jamie Dimon at Davos. The public disagreement underscores growing tensions between crypto platforms and traditional banks as U.S. policy debates heat up.
Hedera announced a strategic partnership with McLaren F1 and used a high-profile Davos presence to put HBAR back in the spotlight. The moves signal a coordinated push across enterprise partnerships and consumer-facing web3 experiences.
At Davos, Coinbase CEO Brian Armstrong announced integration efforts with JP Morgan and PNC Bank and outlined a broader strategy around stablecoins and blockchain innovation. He said clearer stablecoin rules and technical advances will help accelerate mainstream adoption.
At Davos, economist Vera Songwe said remittances and inflation hedging are driving stablecoin adoption across Africa, now outpacing aid as a lifeline. The trend could lower costs and speed transfers for households facing currency volatility.
At Davos, former President Trump praised crypto as a 'crypto capital' and suggested institutional players are creating 'investor fatigue' ahead of a market upswing; Bitcoin (BTC) held up amid the spotlight.
At the World Economic Forum in Davos, former Binance CEO Changpeng Zhao said the crypto industry should focus on bank partnerships, constructive regulatory engagement, and scaling infrastructure. He framed those priorities as key to wider adoption and safer market integration.
The IMF’s first deputy managing director said at Davos that growing stablecoin use in some countries could push governments to shore up fiscal and monetary policy frameworks. The comment highlights risks to monetary sovereignty and the need for stronger oversight.
At the World Economic Forum in Davos, President Trump touted a booming U.S. economy, criticized his predecessor, and expressed support for cryptocurrencies and artificial intelligence. He also revived his long-discussed interest in Greenland, framing it as a strategic priority.
Bitcoin surged to $90,000 after President Trump’s Davos speech, where he ruled out using force over Greenland and pledged to make the U.S. a global center for digital assets.
At Davos, David Sacks said banks and crypto will coalesce into “one digital asset industry,” amid disputes over stablecoin yields and a stalled U.S. market-structure bill. He framed the trend as an ongoing consolidation rather than a regulatory defeat.