BlockBeats reported that on October 6, Shan Aggarwal, vice president of enterprise and business development at Coinbase, said that in the past six to nine months, Coinbase's negotiations with traditional financial institutions have "changed" and are accelerating, especially as the issue of cryptocurrency in the United States has gained more support from both Republicans and Democrats. The dialogue may eventually attract more traditional financial institutions to Web3 and promote the large-scale adoption of digital assets.