Why Big Banks Opposing Crypto Innovation is a Historic Financial Mistake

Major financial institutions are actively seeking to stifle technological progress in the digital asset space. This resistance mirrors past instances where established entities attempted to halt disruptive innovations, such as the early internet or personal computing, ultimately failing. History demonstrates that such opposition often leads to missed opportunities and a loss of competitive edge. The blockchain and cryptocurrency sector, including major assets like Bitcoin (BTC) and Ethereum (ETH), represents the next frontier in finance. Attempts to freeze this innovation could hinder the development of more efficient, inclusive, and transparent financial systems. Embracing regulated innovation, rather than suppression, has historically proven to be the wiser path for economic growth and stability.