According to reports, if upcoming legislation includes restrictions on stablecoin reward mechanisms, Coinbase may reconsider its support for the digital asset market structure bill.
This development highlights stablecoin incentives as a growing point of tension between the crypto industry and regulators, with potential implications for both legislative progress and industry positioning.
#Coinbase #Stablecoin #Crypto
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COINBASE STEPS UP LOBBYING TO PROTECT STABLECOIN REWARDS IN CONGRESS
According to reports, if upcoming legislation includes restrictions on stablecoin reward mechanisms, Coinbase may reconsider its support for the digital asset market structure bill. This development highlights stablecoin incentives as a growing point of tension between the crypto industry and regulators, with potential implications for both legislative progress and industry positioning. #Coinbase #Stablecoin #Crypto