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Coinbase Pushes for Balanced GENIUS Act Rules to Protect Crypto Innovation

Coinbase Pushes for Balanced GENIUS Act Rules to Protect Crypto Innovation

By Crypto Economy
TL;DR Coinbase calls on the U.S. Treasury for a narrow interpretation of the new stablecoin law (GENIUS Act). The firm seeks to exclude software developers and validators from direct oversight. Coinbase argues that the interest prohibition should not apply to rewards programs. Coinbase has submitted a detailed response to the U.S.

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