Coinbase raises pressure as crypto bill moves to Senate sarkup
(Bloomberg) — Coinbase Global Inc. (COIN) is escalating pressure on US lawmakers to preserve its ability to offer rewards to customers who hold stablecoins — an offering the company sees at risk if certain restrictions under discussion make it into a major crypto bill set to be unveiled Monday.
The largest US crypto exchange may reconsider its support for the digital-asset market-structure bill — scheduled for markup in at least one Senate committee on Thursday — if the text includes anything beyond enhanced disclosure requirements tied to rewards, according to a person familiar with the firm’s thinking.
Most Read from Bloomberg
Coinbase didn’t respond to requests for comment.
One option under…
