Coinbase Threatens to Pull Backing for Senate Crypto Bill: Report

Coinbase may reconsider supporting digital-asset market structure legislation if Senate negotiators include language preventing platforms from offering stablecoin incentives, as traditional banking groups push restrictions beyond the GENIUS Act framework that bars issuers from paying direct interest while allowing third-party rewards amid stalled bipartisan negotiations and January 15 markup deadline. The post Coinbase Threatens to Pull Backing for Senate Crypto Bill: Report appeared first on Cryptonews.