Crypto growth is putting pressure on traditional payment firms, with Donald Trump gaining powerful allies in the industry.
1 report, 0 independent
Updated Jun 27
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What happened
Crypto growth is putting pressure on traditional payment firms, with Donald Trump gaining powerful allies in the industry.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Donald Trump gained earnings from his equity holdings on July 1, 2026.Sub-event
- Donald Trump's actions have fostered new crypto business partnerships, specifically involving Binance.Sub-event
- Traditional payment firms face pressure from crypto growth, gaining political support from Donald Trump.
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The entities involved
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Coinbase
American company that operates a cryptocurrency exchange platform
- The rise of perpetual futures is attracting established financial players, allowing small companies to achieve giant market size, while centralized exchanges face challenges from decentralized markets.
- Kraken and Coinbase filed stock perpetual products, making Nvidia and Tesla stocks eligible for new perps.
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Visa Inc.
American multinational financial services corporation
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Coverage
Newest first; wire copies grouped- Unknown outlet