Washington, 2 May 2026 – Coinbase said an agreement has been reached on a key provision in a major United States cryptocurrency bill, potentially clearing one of the biggest obstacles that had stalled progress on digital-asset legislation in the US Senate.
The issue centres on whether stablecoin issuers and crypto firms should be allowed to offer rewards or yield-like benefits to customers holding stablecoins. The provision had become a major point of conflict between the crypto industry and traditional banks, with banks arguing that such rewards could pull deposits away from regulated banking institutions and weaken their ability to fund lending.
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