A blog I read make such a prediction yesterday...astute. Not the same thing, but shows the precarious situation it finds itself in:
What happens if Coinbase is cut off from banking? FTX was a total scam; Coinbase is a completely legitimate company—the only really, deeply, compliant exchange. Once CB cannot bank, the precedent is set—no one in crypto can touch the banking system. Forever. And as we’ll see, it doesn’t even need to be forever.
What happens if Coinbase is cut off from banking? FTX was a total scam; Coinbase is a completely legitimate company—the only really, deeply, compliant exchange. Once CB cannot bank, the precedent is set—no one in crypto can touch the banking system. Forever. And as we’ll see, it doesn’t even need to be forever.