Garlinghouse's push for equal treatment between TradFi and crypto is spot on. The regulatory double standard has held back innovation for too long. Bank charter challenges are just one piece of a much bigger puzzle in leveling the playing field
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Absolutely. We see the fact that regulators favor TradFi, i.e. Wall Street firms (banks), slows progress. The stablecoin act shows how the legislation was pushed in favor of the banks.
Spot on. The stablecoin legislation is a clear example of regulators tilting the scales toward banks. It's frustrating to see innovation stifled just to protect TradFi interests.