Coinbase CEO Armstrong and France Central Bank Head Clash at Davos
At the World Economic Forum in Davos, Coinbase CEO Brian Armstrong and the head of France's central bank engaged in a debate regarding yield, Bitcoin, and stablecoins. According to reports, Ripple’s Brad Garlinghouse described the panel discussion as "spirited." Armstrong defended Bitcoin and stablecoins, while Villeroy, the French central bank head, cautioned about potential risks to monetary sovereignty and financial stability. The development highlights ongoing discussions around the role of cryptocurrencies in the global financial landscape.
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