I give you my opinion on what we see with Coinbase
I am increasingly clear that it is not a coincidence.
It is funded by giants like JPMorgan and, like them, many platforms are much more connected to traditional banking than it seems.
You see Brian Armstrong insisting on the issue of yields and honestly, it smells fishy. For me, it's pure theater, part of the circus they are putting on 🎭
I don't think they want to stop Clarity just because, I think they are playing with the timing.
Delaying it until the context is perfect and there is no other option but to accept it on their terms.
Perhaps they are waiting for a specific event, something that makes that regulation suddenly indispensable. When that point comes, it will happen, no matter what… but already with everything aligned in their favor.
This is not about adoption or protecting the user, it is about control and when they are interested in activating everything 🧠