
Coinbase CEO Warns Banks Want to Kill Your Crypto Rewards
Coinbase CEO Brian Armstrong recently took to the X social media network to slam "big banks" for trying to reverse the ability of cryptocurrency trading platforms to offer rewards in Circle's USDC stablecoin. Armstrong argues that banks are attempting to preserve their monopoly over deposits. "They want to undo your right under the GENIUS Act law to earn USDC rewards. Don't let them," Armstrong said. I've never been more bullish about clear rules for crypto. It’s obvious that market structure is a freight train that's left the station. But that hasn't stopped the big banks from coming for another handout…



