In recent days, U.S. senators agreed on compromise language in the CLARITY Act that bans yield on idle stablecoin reserves but permits rewards tied to transactional activity, a move that Coinbase ...

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 ...

Coinbase to release results after announcing layoffs, AI restructuring plan. Senators reach Clarity Act compromise. COIN stock eases with bitcoin.

Coinbase COIN is backing a Senate compromise on stablecoin rewards that could revive the CLARITY Act after months of ...

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 ...

If lawmakers ultimately ban stablecoin rewards under the proposed CLARITY Act, Coinbase (COIN) could lose one tool it uses to attract users to hold digital dollars on its platform — though analysts ...