Over 90,000 Emails Flood Senate As Crypto Advocates Oppose Stablecoin Rewards Ban In Market Structure Bill

Over 90,000 Emails Flood Senate As Crypto Advocates Oppose Stablecoin Rewards Ban In Market Structure Bill

Crypto advocates have sent out over 90,000 emails to their Senators, opposing the move by Democrats to remove existing stablecoin rewards from the incoming Market Structure Bill. The advocates, under the auspices of a non-profit pressure group, Stand With Crypto, demand an end to Wall Street’s push for a monopoly in the financial interests landscape. Coinbase CEO Brian Armstrong urges big banks to develop better products rather than insist on st…

Regulate or Innovate? Why Stablecoin Rewards Are Now at the Center of Senate Debate

Key Updates: The GENIUS Act introduced a rewards mechanism for stablecoins through intermediaries, now under scrutiny. The CLARITY Act and The post Regulate or Innovate? Why Stablecoin Rewards Are Now at the Center of Senate Debate appeared first on Sarson Funds | Cryptocurrency & Blockchain Investment Funds.

Stablecoins, the GENIUS Act, and the Future of Payments

Stablecoins began as an interesting innovation in the crypto world to offer a “stable investment” or safe haven in volatile markets. But with regulatory pressure from the GENIUS Act, the survival of stablecoin issuers hinges on their becoming payment rails rather than speculative vehicles. The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) is the first U.S. federal law to establish a comprehensive regulatory frame…