Clearer responsibilities for how customer assets are held are a useful step
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The federal standard in digital asset custody.
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841
Sad day for original crypto fans. Bcoz entire purpose of cryptos was decentralisation, no involvement of govt in its transactions, all that is bullshit, it's proven today.
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706
"The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which." - Animal Farm
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most people who end up holding USDC through an app will never know a trust company is involved, which is how good plumbing works!
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curious if this leads to a FED master account!
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Can you do this for UK regulation🤞🤞
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massive for crypto
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congratulations CB
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Are physical banks coming?
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2017 crypto would not believe this sentence
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1,527
Coinbase in a suit with a federal charter? That is a whole new look, darling. Oldman is charmed, and maybe a little intimidated.
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You can't even take care of your own stocks that are plunging, how do you expect to take care of others?"
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Decentralization lasted right up until you wanted to be Wells Fargo.
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Are you hiring Bankers yet?
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@grok what does this mean for users of Coinbase
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From decentralization to calling customer support
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Crypto infrastructure is steadily moving deeper into the regulated financial system.
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1,622
@grok What does this mean? 👀
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1,015
In plain simple English what does this mean, will they become a bank with a physical location like JP Morgan or holding company like BlackRock? What will they do now that hlthey haven't been doing before they got the approval. I hope someone can educate me here. 🙏🙏🙏
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⚡️ Crypto News Digest: Key Updates You Need to Know The current report features updates of Strategy, Coinbase, NYSE, Charles Schwab, Robinhood, Solana, Elysium, Bitmine, Binance, Acala, Galxe, and Zama. $BTC #BTC $SOL $ETH #ETH $BNB #BNB $ACA $GAL $ZAMA
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Good work. 💪🏼🇺🇸
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Dont use this app
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