This isn't true, institutional corporations are rightly adopting the network, either investing in Bitcoin or making it their reserve asset, but this doesn't impede with the networks decentralized feature, cause notwithstanding the large number of crypto coins this companies are able to purchase, cause they actually buy a lot, it still doesn't and will never make them a centralized body over the network, at the very least they could only manipulate the price if they dump all the coins in their possession.
Decentralization is not only about the protocol or control of it, it is much more.
If you store your coins on coinbase, if you load a web wallet with coins, if you use a visa mastercard to pay with
"bitcoins" it simply means your;e using nothing but centralized services, and the proportion of users who are doing so is going up by the day.
Yeah, they don't control the network, but they have your coins and you only have a username a password, and a promise of payment.
Rumors predict that Mnuchin plans on dropping an impactful crypto-related ruling in the next few weeks pertaining to digital-asset wallets. Per speculation, the regulation would essentially forbid users from utilizing personal crypto wallets outside of regulated exchanges.
This guy has to go, and he has to go fast before he does something really stupid!
If this shit comes true it's the worse of the worse, from exchanges to shops to payment processors it's just a step.