On Friday, Coinbase (NASDAQ:COIN) CEO Brian Armstrong responded to criticism from JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon with a hockey-themed meme as Galaxy Digital (NASDAQ:GLXY) CEO Mike Novogratz joined the debate.
Brian Armstrong Responds With ‘Heated Rivalry' Meme Armstrong posted a custom "Heated Rivalry" poster that framed Coinbase and JPMorgan as opposing teams, turning an increasingly bitter policy disagreement into a public showdown between crypto firms and traditional finance. https://t.co/T5cMfPPji5 pic.twitter.com/VGwsfF0qCT— Brian Armstrong (@brian_armstrong) May 29, 2026 Novogratz also weighed in after Dimon's remarks, questioning whether banks should have a major role in shaping crypto legislation.
"Since when do banks get to decide on legislation?" Novogratz wrote, arguing lawmakers — not financial institutions — should determine the future framework for digital assets.
Since when do banks get to decide on legislation?
The way I understand basic government from the 10th grade is that our elected representatives write and pass laws.
