Coinbase Faces Growing Competition Amid Trump’s Crypto Push
TLDR
- Trump’s crypto-friendly policies have led to growing competition for Coinbase in the crypto space.
- Coinbase’s market share is shrinking as new, well-funded competitors enter the crypto market.
- Coinbase is diversifying into banking and asset management to maintain its market position.
- U.S. regulations on stablecoins are attracting Wall Street’s billions, intensifying competition.
Coinbase, a leading cryptocurrency exchange, is facing increased competition as a result of the growing support for crypto under the Trump administration. New regulations and the rise of rival platforms are putting pressure on Coinbase, which has long been the dominant player in the market.
Trump’s Crypto-Friendly Policies Spur New…
