In recent days, U.S. senators agreed on compromise language in the CLARITY Act that bans yield on idle stablecoin reserves but permits rewards tied to transactional activity, a move that Coinbase ...

Coinbase to release results after announcing layoffs, AI restructuring plan. Senators reach Clarity Act compromise. COIN stock eases with bitcoin.

Banks and crypto firms are pressuring lawmakers over the issue of stablecoin rewards. Coinbase CEO Brian Armstrong said banks should have to "compete on a level playing field in crypto." Bank advocacy ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...