CryptoWorld News reports that Coinbase says a compromise on the stablecoin compromise bill has been reached, and that senators have reportedly agreed to a compromise regarding stablecoin rewards for crypto companies. Coinbase says the deal protects “Americans’ right to earn rewards based on real use of crypto platforms and networks.” However, the bill will ban rewards similar to bank deposit interest. In addition, the bill also requires regulators to set disclosure requirements and provide a list of permitted reward activities.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin