The banking lobby has successfully pushed for changes to a crypto market structure bill, specifically targeting stablecoin rewards. This development has led Coinbase CEO Brian Armstrong to threaten withdrawing support for the bill due to restrictions on customer rewards. The alterations in the bill have sparked concerns over the potential impact on stablecoin incentives, which are crucial for attracting and retaining users in the crypto space.
Banking Lobby Alters Crypto Bill, Coinbase CEO Threatens Withdrawal
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