Banking sector lobbying efforts are reshaping the crypto market structure bill, with proposed amendments targeting stablecoin rewards mechanisms. The policy shift has sparked pushback from major exchange operators—one prominent CEO is now reconsidering platform support for the legislation, citing concerns that customer incentive restrictions go too far. The stablecoin reward limitations mark a contentious point in the ongoing debate between traditional finance and digital asset industry players over how crypto markets should be regulated.
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MemeKingNFT
· 11h ago
The bank's move is brilliant; they want to dull the edge of the stablecoin reward mechanism, and the exchange CEOs are getting anxious.
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GateUser-c799715c
· 11h ago
The banking lobbying groups are at it again, this time directly threatening the lifeline of stablecoins...
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GasFeeCry
· 11h ago
NGL, the bankers are at it again, restricting stablecoin rewards is just ridiculous...
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EthSandwichHero
· 11h ago
Restricting stablecoin rewards again, traditional finance just wants to tightly lock us down.
Banking sector lobbying efforts are reshaping the crypto market structure bill, with proposed amendments targeting stablecoin rewards mechanisms. The policy shift has sparked pushback from major exchange operators—one prominent CEO is now reconsidering platform support for the legislation, citing concerns that customer incentive restrictions go too far. The stablecoin reward limitations mark a contentious point in the ongoing debate between traditional finance and digital asset industry players over how crypto markets should be regulated.