Coinbase CEO Brian Armstrong says banks are lobbying lawmakers to reopen the GENIUS Act to curb stablecoin rewards, calling the move anti-competitive and unethical.
Coinbase CEO Brian Armstrong said any attempt to reopen the GENIUS Act would cross a “red line,” accusing banks of using political pressure to block competition from stablecoins and fintech platforms.
In a Sunday post on X, Armstrong said he was “imp… [2359 chars]
Source: Cointelegraph | Published: 2025-12-27T12:24:30Z
Credit: Cointelegraph
