Wall Street giants are triggering a massive fee war that could crush crypto exchange margins

Why the TradFi takeover of crypto might not be the death blow analysts expect

Gate’s CBO argues that Bloomberg’s warning of a TradFi takeover is "oversimplified," noting that global exchanges evolved past fee-only models years ago.

Immediately after Morgan Stanley announced it was rolling out E*Trade, charging a mere 50 basis points undercutting established rivals Coinbase, Robinhood and Schwab…