Coinbase CEO says reopening GENIUS Act is ‘red line,’ slams bank lobbying

Cointelegraph.com NewsCoinbase CEO Brian Armstrong warned that reopening the GENIUS Act would cross a “red line,” accusing banks of lobbying Congress to block stablecoin rewards and limit competition. 

​Coinbase CEO Brian Armstrong warned that reopening the GENIUS Act would cross a “red line,” accusing banks of lobbying Congress to block stablecoin rewards and limit competition.