Coinbase May Rethink Backing Crypto Bill, Bloomberg Reports
Coinbase signals possible withdrawal of support for a U.S. crypto bill as stablecoin reward limits raise revenue and policy concerns. Coinbase has warned lawmakers it may reconsider backing a major U.S. crypto bill. The concern centers on stablecoin rewards. According to Bloomberg, the exchange considers further restrictions to be detrimental. As a result, lobbying efforts...
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