125 Crypto Groups Tell Congress Stablecoin Yield Ban Favors Big Banks

A coalition of 125 crypto and fintech organizations warns Congress that banking industry efforts to expand the GENIUS Act's stablecoin yield prohibition beyond issuer payments would protect traditional banks from competition while eliminating consumer rewards programs. source: https://cryptonews.com/news/125-crypto-groups-tell-congress-stablecoin-yield-ban-favors-big-banks/