Banks and crypto firms are pressuring lawmakers over the issue of stablecoin rewards. Coinbase CEO Brian Armstrong said banks should have to "compete on a level playing field in crypto." Bank advocacy ...

Crypto stocks tumble as stricter rules on rewards emerge.

Proposed updates to the Clarity Act could limit how stablecoin rewards are offered, posing the biggest risk to centralized ...

A proposed CLARITY Act in Congress could restrict stablecoin issuers from paying interest directly to holders, potentially ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Coinbase may drop support for the CLARITY Act if it limits its lucrative stablecoin reward programs. Coinbase, one of the largest U.S.-based crypto exchanges, may withdraw its support for the CLARITY ...

Coinbase Institute has criticized banking groups for asking regulators to prevent merchant rewards for stablecoin customers, arguing the request has no merit under the GENIUS Act. Crypto exchange ...

The two companies say it's the first time rewards points from a major credit-card issuer will be able to be used to fund a crypto wallet JPMorgan Chase & Co. said Wednesday that it will be the first ...