Coinbase has seen an uptick in discussions with traditional financial institutions as digital assets gain bipartisan support. Shan Aggarwal, the exchange’s VP of corporate and business development, mentioned that talks with major financial firms have escalated in the last six to nine months, especially with the growing bipartisan stance on cryptocurrencies in the U.S. This shift could potentially attract more traditional financial players to Web3, promoting wider adoption of digital assets. Aggarwal highlighted the importance of addressing the challenges in onboarding new Web3 users, emphasizing that collaboration with traditional financial institutions could streamline processes and enhance user experience. The increasing bipartisan support for digital assets is evident in recent legislative actions, with both Democrats and Republicans showing interest in regulating digital assets. Coinbase's involvement with Fairshake, a prominent political action committee, reflects the evolving bipartisan nature of the crypto industry. Read more AI-generated news on: https://app.chaingpt.org/news