Close Menu
Cryprovideos
    What's Hot

    Solana or Cardano? Only One’s Hitting the Gas—The Other’s Still in Neutral ‣ BlockNews

    July 20, 2025

    Peter Thiel-Backed Crypto Change Recordsdata for IPO

    July 20, 2025

    Solana Value Prediction: Can SOL Hit $300 or Even $500 This Bull Run?

    July 20, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Winklevoss: JPMorgan Attempting to Kill Crypto Firms
    Winklevoss: JPMorgan Attempting to Kill Crypto Firms
    Crypto News

    Winklevoss: JPMorgan Attempting to Kill Crypto Firms

    By Crypto EditorJuly 20, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Gemini co-founder Tyler Winklevoss has taken to the X social media platform to accuse banking big JPMorgan of attempting to “kill” cryptocurrency corporations.

    This comes after Bloomberg reported earlier this week that America’s largest financial institution would begin requiring fintech corporations to pay charges so as to have the ability to acquire entry to the account info of JPMorgan clients.

    With such a transfer, the banking behemoth is trying to remove the proper to entry banking information totally free through third-party platforms like Plaid, which act as intermediaries between financial institution accounts and varied monetary purposes.

    Winklevoss is satisfied that the most recent demand will really demolish fintech companies that function a foundational layer for a plethora of economic companies. Main cryptocurrency exchanges, akin to Gemini and Coinbase, additionally depend on such companies for funding consumer accounts.

    You May Additionally Like

    Winklevoss: JPMorgan Attempting to Kill Crypto Firms

    The Gemini co-founder additional identified that the “Open Banking Rule” makes it attainable to entry their monetary information by way of third-party apps. Nonetheless, the banking business has began a authorized combat in opposition to the Client Monetary Safety Bureau (CFPB), arguing that the rule exceeds the company’s statutory authority. In Could, the CFPB confirmed that it could kill the rule that mandates sharing information with third events upon request.

    The banking business is worried in regards to the regulatory burden of intensive information sharing.

    Nonetheless, Winklevoss described the transfer as “egregious regulatory seize.”

    “That is the form of egregious regulatory seize that kills innovation, hurts the American client, and is unhealthy for America,” Winklevoss stated.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Peter Thiel-Backed Crypto Change Recordsdata for IPO

    July 20, 2025

    CRYPTO BILLS STUCK, ETH LEADS MAJORS, PUMP STARTS BUYBACKS – Decrypt

    July 20, 2025

    Greatest Crypto to Purchase Now as Ethereum ETFs Hit Report Inflows – CryptoDnes EN

    July 20, 2025

    US Banking Associations Kick Towards Banking License For Crypto Custody Corporations – Particulars

    July 20, 2025
    Latest Posts

    Bitcoin Progress Price Indicator Alerts Bullish Continuation – Analyst | Bitcoinist.com

    July 20, 2025

    Bitcoin Social Buzz Spikes—However Is a Pullback Across the Nook? ‣ BlockNews

    July 20, 2025

    Charles Schwab plans to launch Bitcoin, Ether spot buying and selling, CEO says

    July 20, 2025

    How A lot Bitcoin You'll Have to Retire in 2035

    July 20, 2025

    Why Bitcoin Worth Failed To Break $123,000 In The Previous Week — Analyst Explains

    July 20, 2025

    Bitcoin Mining Agency Inventory Spikes After $500 Million Elevate for Dogecoin Treasury – Decrypt

    July 20, 2025

    Bitcoin 43% social chat dominance suggests 'key entry level' forward

    July 20, 2025

    Technique’s $71B in Bitcoin Now Ranks Amongst Prime 10 S&P 500 Treasuries

    July 20, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Bitcoin and Politics Merge: Florida Strikes Towards State Crypto Funding

    February 11, 2025

    Mastermind Behind SEC SIM Swapping Scheme Sentenced to 14 Months in Jail for Manipulating Bitcoin Worth – The Each day Hodl

    May 19, 2025

    Blockchain.com Enters Africa Amid Rising Crypto Regulation Shift

    May 28, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.