Crypto Giant Pushes Back Against Senate Bill

A major player in the crypto world is stepping up its game. Coinbase, the biggest crypto exchange in the U. S. , is putting pressure on lawmakers. They want to keep offering rewards to customers who hold stablecoins. But there's a catch. A new bill is coming. It might limit these rewards. This bill is about market structure for digital assets. It's set to be discussed in the Senate soon. Coinbase is watching closely. They might pull their support if the bill has strict rules. Right now, they're okay with extra disclosure requirements. But anything more could be a problem.Why does this matter? Stablecoins are a big deal. They're tied to real-world assets. This makes them less risky than other cryptos. Coinbase offers rewards for holding them. This is a way to attract customers. If the bill changes this, it could shake things up. The bill is still being finalized. It's not clear what will be in it. But Coinbase is making its voice heard. They want to keep their rewards program. This is a big part of their business. If the bill passes with strict rules, it could change the game.