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Bitcoin.com News|Feb 07, 2025 03:32
Coinbase is making a bold move—demanding U.S. regulators tear down banking barriers to crypto. Will the Feds finally listen? 🇺🇸🚀
The exchange sent a formal request to the OCC, Fed, and FDIC, pushing for clear, enforceable rules that allow banks to offer crypto custody & execution services.
Right now, outdated policies are blocking legally compliant crypto firms from partnering with banks. Coinbase says it's time to fix this.
Their argument? Standardized regulations will fuel financial innovation, boost stability, and drive mass adoption.
A legal review backs them up—showing current restrictions lack statutory grounds. If the rules change, it could open the floodgates for banks to integrate crypto like never before.
With the new administration in place, is this the moment crypto finally goes mainstream? 🚀🔥
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