Crypto Is the New Napster? Industry Leaders Testify Before Senate, Warn of Innovation Backlash

Overview: Executives from Coinbase, Multicoin Capital, and the Wharton Cypher Accelerator testified on June 24, 2025, before the U.S. Senate Banking Subcommittee, urging lawmakers to support innovation rather than stifle it. Their message was clear: crypto isn’t a threat — it’s a frontier, just like Napster once was. Washington, D.C. In a high-stakes Senate Banking … Continue reading Crypto Is the New Napster? Industry Leaders Testify Before Senate, Warn of Innovation Backlash