Big banks want to freeze innovation. History says that’s a mistake

Large financial institutions are actively seeking to stifle innovation within the industry, believing that maintaining the status quo will serve their interests. However, historical evidence suggests that such an approach is fundamentally misguided, as it often leads to stagnation and missed opportunities for growth and advancement. Embracing innovation, rather than resisting it, tends to foster a more dynamic and competitive financial landscape that can ultimately benefit consumers and the economy as a whole. source: https://www.coindesk.com/opinion/2026/01/14/big-banks-want-to-freeze-innovation-history-says-that-s-a-mistake