- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Coinbase CEO is actively lobbying lawmakers to ensure continued rewards to stablecoin holders
BlockBeats News, January 16th. According to Bloomberg, Coinbase CEO Brian Armstrong met with lawmakers on Capitol Hill to ensure his company can continue offering rewards to users holding stablecoins on the platform. Armstrong stated that banking lobbies are trying to legislate limits on stablecoin rewards, which would hinder the crypto industry's ability to compete for funds with banks. He believes that Americans should have the right to earn a higher yield on their funds, while banks are concerned they would be forced to raise deposit rates to match.
Previously, Armstrong opposed a draft of a digital asset market structure bill planned for review by a Senate committee, after which committee chair Tim Scott announced a delay in action on the bill. The draft compromise initially banned payment for deposit yields but allowed for other forms of transaction rewards. However, senators are expected to vote on an amendment that would comprehensively ban stablecoin rewards, with the outcome remaining uncertain.
You may also like
Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset
Aave Founder: What Is the Secret of the DeFi Lending Market?
The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes
What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.
How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon
Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.
80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars
Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.
AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals
Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.
When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?
Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary
Polymarket vs. Kalshi: The Full Meme War Timeline
Consensus Check: What Consensus Was Born at the 2026 First Conference?
Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?
Russian-Ukrainian War Prediction Market Analysis Report
Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?
Who's at the CFTC Table? A Rebalancing of American Fintech Discourse
AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)
Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.
Elon Musk's X Money vs. Crypto's Synthetic Dollars: Who Wins the Future of Money?
How do Synthetic Dollars work? This guide explains their strategies, benefits over traditional stablecoins like USDT, and risks every crypto trader must know.
The Israeli military is hunting a mole on Polymarket
Q4 $667M Net Loss: Coinbase Earnings Report Foreshadows Challenging 2026 for Crypto Industry?
Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset
Aave Founder: What Is the Secret of the DeFi Lending Market?
The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes
What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.
How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon
Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.
80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars
Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.
AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals
Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.
App