US Banks’ Push To Ban Stablecoin Rewards Could Hand Global Advantage To China, Execs Warn
After China’s latest move with its Digital Yuan, multiple crypto industry executives have cautioned that the US banks’ push to ...
Tag: Stablecoin Interest payment
Coinbase Submits Feedback To Treasury: Calls For Strict Compliance With GENIUS Act Objectives
American bankers are urging the US Treasury Department to enforce the prohibition on interest for payment stablecoins in the GENIUS ...
American Bankers Association Pushes Treasury To Enforce GENIUS Act’s Stablecoin Interest Ban
The American Bankers Association (ABA), along with 52 state bankers associations nationwide, has submitted a letter to the US Department ...
Coinbase CPO Challenges Banks’ Stablecoins Concerns, Says Narrative ‘Ignores Reality’
Coinbase’s CPO has defended stablecoins and pushed back on the banking sector’s fears of a potential collapse of bank deposits ...
South Korea’s FSC To Prohibit Stablecoin Interest Payments In Upcoming Framework
South Korea’s Financial Services Commission (FSC) will reportedly follow US regulatory steps and include a ban on stablecoin interest payments ...
