Big Banks Accused of Sabotaging Coinbase and Robinhood, Is Wall Street Waging War on Crypto?

VISI.NEWS | BANDUNG - Major U.S. banks like JPMorgan are being accused of deliberately interfering with the growth of crypto platforms such as Coinbase and Robinhood, reigniting debates over whether traditional finance is working behind the scenes to suppress Web3 innovation. In a new wave of accusations, leading U.S. banking institutions are alleged to be actively obstructing the development of key cryptocurrency platforms. According to industry insiders, JPMorgan and other Wall Street giants are leveraging regulatory influence and financial power to slow down or disrupt the expansion of crypto-native firms like Coinbase and Robinhood. These allegations come amid growing tension between traditional finance (TradFi) and decentralized finance (DeFi) ecosystems. Many crypto advocates argue that large banks view crypto platforms as existential threats capable of undermining their decades-long dominance over capital markets. “The pattern is becoming clear,” one anonymous source within the crypto industry claimed. “Every time there's momentum in the crypto space, banking lobbyists seem to push back harder whether through legislative pressure, market manipulation, or subtle financial roadblocks.” Several reports suggest that certain banks have allegedly pressured regulators to tighten rules around crypto trading and custody services. Others claim banks are indirectly limiting access to funding, banking services, and infrastructure support for crypto companies. Coinbase and Robinhood, both public companies in the U.S., have previously faced scrutiny from the SEC, but recent obstacles are being interpreted not merely as compliance concerns, but as coordinated resistance from legacy financial institutions. Crypto communities are pushing back, urging for transparent regulations and equal treatment under U.S. financial law warning that such suppression will only stifle innovation and drive talent offshore. The idea of big banks waging a silent war on crypto is no longer just a conspiracy it's fast becoming a serious concern. As Coinbase and Robinhood fight to expand, the question remains: Is Wall Street deliberately holding back the future of finance? Not financial advice do your own research @gvr