Coinbase CEO: Big banks are trying to 'kill the competition' through crypto regulation

Coinbase CEO Brian Armstrong revealed why the cryptocurrency giant chose to withdraw support for a key Senate crypto bill during an interview on "Mornings with Maria."

"It just felt deeply unfair to me that one industry [banks] would come in and get to do regulatory capture to ban their competition," Armstrong told FOX Business. "They should have to compete on the level playing field, and I genuinely believe that."

Armstrong told FOX Business anchor Maria Bartiromo "much of the industry"...