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US crypto bill to move to Senate as deal reached on stablecoin rewards
short by Jessica Rajan / on Saturday, 2 May, 2026
Coinbase said a deal has been reached on a key issue in a US crypto bill, clearing the way for it to advance in the Senate. The legislation had stalled over opposition from banks to allowing stablecoin issuers to offer yield or rewards. Crypto firms argue that such incentives are essential to attract users and barring them would be anticompetitive.
read more at Reuters