DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Cryptocurrency Decrypt

Top Lawmaker Shuts Down Coinbase Plea for Interest-Bearing Stablecoins

House Financial Services Chair French Hill said there is no consensus on Capitol Hill to allow stablecoins to generate yield for users, dismissing the pleas from industry leaders like Coinbase CEO Brian Armstrong.

Top Lawmaker Shuts Down Coinbase Plea for Interest-Bearing Stablecoins
House Financial Services Chair French Hill said there is no consensus on Capitol Hill to allow stablecoins to generate yield for users, dismissing the pleas from industry leaders like Coinbase CEO Brian Armstrong.

Original source

Read on Decrypt

Related market context