coin-img-BREVBREV-17.27%coin-img-ETHETH-1.88%coin-img-PEPEPEPE-5.17%coin-img-HYPEHYPE-1.00%coin-img-UNIUNI-4.35%coin-img-BTCBTC-0.60%coin-img-UCNUCN+0.18%coin-img-SOLSOL+0.51%coin-img-BREVBREV-17.27%coin-img-ETHETH-1.88%coin-img-PEPEPEPE-5.17%coin-img-HYPEHYPE-1.00%coin-img-UNIUNI-4.35%coin-img-BTCBTC-0.60%coin-img-UCNUCN+0.18%coin-img-SOLSOL+0.51%coin-img-BREVBREV-17.27%coin-img-ETHETH-1.88%coin-img-PEPEPEPE-5.17%coin-img-HYPEHYPE-1.00%coin-img-UNIUNI-4.35%coin-img-BTCBTC-0.60%coin-img-UCNUCN+0.18%coin-img-SOLSOL+0.51%coin-img-BREVBREV-17.27%coin-img-ETHETH-1.88%coin-img-PEPEPEPE-5.17%coin-img-HYPEHYPE-1.00%coin-img-UNIUNI-4.35%coin-img-BTCBTC-0.60%coin-img-UCNUCN+0.18%coin-img-SOLSOL+0.51%
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Amin Ayan

US Community Bankers Urge Congress to Close GENIUS Act Stablecoin Yield Loophole

On Monday, the Community Bankers Council of the American Bankers Association asked the Senate to amend the GENIUS Act to prevent indirect stablecoin rewards via exchanges and partners. The group warned such incentives could pull deposits from local banks and constrain lending. Crypto industry associations and Coinbase countered that tighter rules would hinder innovation and misinterpret the law.
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US-2.79%
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