Coinbase CEO Says $100 Trillion Capital Market Could Be Rebuilt on Crypto

Speaking on CNBC, Coinbase’s chief executive stated that Bitcoin and other cryptocurrencies have the potential to underpin the global capital and credit market.

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Terms & Concepts
  • Capital and Credit Market: A financial system where capital is raised, lent, and borrowed, encompassing debt instruments, equity, and credit facilities.
  • Bitcoin: A decentralized digital currency that operates on a peer-to-peer network without a central authority, secured through blockchain technology.
  • Cryptocurrency: A digital asset that uses cryptography for security and operates on decentralized networks, often based on blockchain technology.