Major Banks Now View Crypto as an 'Existential' Priority

Source: CryptoNewsNet Original Title: Coinbase CEO says Big banks now view crypto as an ‘existential’ threat to their business Original Link: During his trip to Davos for the World Economic Forum, a certain head exchange CEO shared that a top executive at one of the world’s 10 largest banks told him that crypto is now their “number one priority” — and that they view it as “existential.”

The post highlighted a shift in how legacy financial institutions are engaging with crypto. The remark underscores the growing urgency among traditional banks to adapt to crypto infrastructure, particularly as global regulators move closer to establishing clearer rules for digital assets.

Just wrapped up our week in Davos. I don’t love wearing a suit every day, but sometimes it has to be done!

Davos is a unique place - world leaders and CEOs (and lots of crypto companies!) all come together in a small mountain town in Switzerland for a few days. It’s a productive experience.