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 Act. In response, cryptocurrency exchange Coinbase, has called on the Treasury to ensure that the forthcoming regulations align with Congress's original intentions regarding the act. Coinbase Pushes Back On GENIUS Act's Interest Restrictions According to [...]