Coinbase draws ‘red line’ as GENIUS Act lobby by banks intensify

Banks are reportedly lobbying to change the GENIUS Act and reverse the compromise over interest payments, apparently due to concerns about safety, despite the bill already settling this issue. Critics argue that the banks lobbying to change the GENIUS Act are doing so in order to protect their profit margins from competition and not for […] source: https://www.cryptopolitan.com/coinbase-red-line-banks-genius-act-lobby/