US community banks join campaign to shut a GENIUS Act ‘loophole’

The Community Bankers Council has asked the Senate to pursue crypto market structure legislation that would ban exchanges and others offering interest on stablecoins.
Source: US community banks join campaign to shut a GENIUS Act ‘loophole’ (https://cointelegraph.com/news/us-community-bankers-close-genius-act-yield-loophole?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)