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American Bankers Association Pushes Treasury To Enforce GENIUS Act's Stablecoin Interest Ban

American Bankers Association Pushes Treasury To Enforce GENIUS Act's Stablecoin Interest Ban

By Bitcoinist
The American Bankers Association (ABA), along with 52 state bankers associations nationwide, has submitted a letter to the US Department of the Treasury, urging an implementation of the GENIUS Act's prohibition on interest for payment stablecoins.

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Market Sentiment
Negative
Category
general
Reading Time
1 min
Article Type
Article
Topics & Keywords
#stablecoins#regulations

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Source: Bitcoinist

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