Uniswap CEO: Banks can restrict cryptocurrencies by refusing to buy fiat currency via credit cards
Uniswap CEO Hayden Adams posted on X, saying: "Everyone is focusing on de-banking, but banks have another way to attack cryptocurrencies, which is to refuse transactions that purchase fiat currency with the majority of credit cards. Unlike ordinary fraud alerts, users have no options to cover and confirm their desired purchase behavior, making it impossible to establish a good cryptocurrency experience."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Daily: Crypto prices plunge in South Korea as President declares martial law, XRP Ledger reduces account reserve to 1 XRP and more
President Yoon Suk-yeol declared emergency martial law Tuesday night at around 10:30 p.m. local time, triggering cryptocurrencies to plunge on Upbit, Bithumb and Coinone, the country’s most widely used exchanges.XRP Ledger developers have reduced the base reserve for accounts by 90% from 10 XRP to 1 XRP amid a surge in the price of the cryptocurrency.BlackRock’s IBIT spot Bitcoin ETF has surpassed half a million BTC ($48 billion) in assets under management — less than a year after trading began.The followi
Trump’s likely SEC pick fuels RSR token rally to multiyear high
Peter Todd advocates for space miners: ’Economics might make sense’
Crypto Market Surges: Are Sui, Dogecoin and FX Guys the Start of this New Altcoin Season?
Trending news
MoreCrypto prices
More
