4 September 2025

US banking groups warn a GENIUS Act loophole, which allows crypto exchanges reward stablecoin holdings, could drive users to pull money from traditional banks (Adam Willems/Wired)

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  —  The GENIUS Act barred stablecoin issuers from paying interest.  But in allowing cryptocurrency exchanges to offer rewards …

Posted from: this blog via Microsoft Power Automate.

Daily Deals