US banking groups warn a GENIUS Act loophole, which allows crypto exchanges reward stablecoin holdings, could drive users to pull money from tradition

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[TrendyMediaToday.com] US banking groups warn a GENIUS Act loophole, which allows crypto exchanges reward stablecoin holdings, could drive users to pull money from tradition {file_size} {filename}

[TrendyMediaToday.com] US banking groups warn a GENIUS Act loophole, which allows crypto exchanges reward stablecoin holdings, could drive users to pull money from tradition {file_size} {filename} Adam Willems / Wired:
US banking groups warn a GENIUS Act loophole, which allows crypto exchanges reward stablecoin holdings, could drive users to pull money from traditional banks β€” The GENIUS Act barred stablecoin issuers from paying interest. But in allowing cryptocurrency exchanges to offer rewards …

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