Coinbase CEO Brian Armstrong stated on X that a potential "crypto rewards ban" could inadvertently boost Coinbase's profits, as the company currently offers significant rewards to USDC holders. Despite this, Armstrong expressed opposition to the ban, arguing that allowing users to earn rewards is more beneficial and helps maintain the competitiveness of regulated stablecoins in the U.S. on a global scale.
Coinbase CEO Armstrong Comments on Potential Crypto Rewards Ban
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