Belle Lin
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Coming up, the feud between Coinbase and big consumer banks is heating up this winter, and Coinbase chief Brian Armstrong is at the center of it.
That's after the break.
Coinbase, the biggest crypto company in the U.S., is facing a major test over its future this week as the White House tries to foster a compromise over a bill that will shape the future of everyday financial services.
The problem is Coinbase and some of the largest banks in the country, including JPMorgan Chase and Bank of America, have found themselves at odds over how to approach one key area that's always been big business for big banks, consumer deposits.
WSJ tech and crypto policy reporter Amrith Ramkumar joins us now to talk about this financial services showdown and how Coinbase CEO Brian Armstrong became the face of the crypto contingent.
So Amrith, who exactly is Brian Armstrong and what is he like?
Tell us a bit more about that tension between banks and crypto companies.
And this tension came to a head recently at Davos, where you write that there was a confrontation between Armstrong and JPMorgan Chase CEO Jamie Dimon.
Tell us what happened.
Where do you think that the Trump administration is likely to fall in the determination of where this legislation goes?
Do you have any sense for what David Sachs, Trump's AI and cryptos are, will land in all of this?
That was WSJ tech and crypto policy reporter Amrit Ramkumar.
And that's it for Tech News Briefing.
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Today's show was produced by Julie Chang with supervising producer Katie Ferguson.
Logging off, I'm Belle Lin for The Wall Street Journal.
We'll be back later this morning with TNB Tech Minute.
Thanks for listening.