Leaders Dey Beg Trump to Stop Bank Data Fee Wey Dey Do ETH, BTC Wahala

More than 80 leaders for crypto and fintech don petition US President Donald Trump make e block bank data fees wey dem wan charge for access to customer financial data. People wey sign for companies like Shopify (Tobias Lütke) and Gemini (Winklevoss twins) dey warn say bank data fees fit spoil open banking innovation and make fintech no too competitive. If dem allow bank data fees, e go make bank dem hold control well well, e go make am hard to join decentralized finance (DeFi) onramps and offramps, and e go reduce how people fit use and accept Ethereum (ETH) and Bitcoin (BTC). This coalition dey ask government make dem step in regulate to keep open banking rule and make free data flow continue, wey necessary for fintech system and cryptocurrency join up. Industry people talk say these charges fit scatter the market, reduce consumer choice, and slow down DeFi growth. To stop the bank data fees na serious matter to keep competition good for both regular fintech and digital asset system.
Bullish
Dis news dey bullish for cryptocurrency market sake say e dey support make dem keep open banking infrastructure wey dey important for DeFi onramps and offramps. As dem dey urge make dem block bank data fees, industry leaders wan make consumers get free access to their data wey dem gree, and this one dey make liquidity and usability better for big cryptocurrencies like ETH and BTC. Historically, regulations wey promote open banking, like EU’s PSD2, don help fintech grow and make crypto dey more popular. If dem prevent data fees, e go reduce market fragmentation risk and make integration between traditional financial systems and digital asset platforms easier. Short term, the call for regulatory action fit make people feel beta about crypto market, and long term protection for open banking frameworks go support sustainable growth and wider adoption of decentralized finance.