Coinbase Says Stablecoin Interest Ban Gives China the Advantage

Coinbase is pushing back against efforts to limit interest on stablecoins in the United States, warning that such restrictions could end up helping China. The warning comes as lawmakers debate how to enforce the GENIUS Act, which became law in July and introduced a new set of rules for stablecoins....
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Amir Zaidi Rejoins CFTC to Help Shape Crypto Oversight

The Commodity Futures Trading Commission has brought Amir Zaidi back into the fold, naming him chief of staff under Chairman Michael Selig. Zaidi is returning at a moment when the agency is getting ready for new responsibilities tied to digital assets. His earlier role in approving Bitcoin futures gives...
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