Coinbase exec: institutional crypto adoption is faster than expected, Korea needs clear rules
- —D'Agostino: institutions seek alpha uncorrelated with the S&P and credit indices
- —He expected exchanges to move to blockchain rails in 20-30 years, but it is happening faster
- —Coinbase is not trying to displace banks; deposit flight to stablecoins is 'close to zero'
- —Coinbase is ready to compete in Korea once clear digital asset rules are in place
Why it matters: A signal that the largest US-listed crypto exchange is prepared to enter the Korean market if dedicated legislation passes.
Source: TokenPost