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Coinbase Pushes Back as CLARITY Act Faces DeFi and Stablecoin Reward Ban Debate

As the US CLARITY Act faces restrictions on DeFi and stablecoin provisions, crypto exchange Coinbase is threatening to withdraw its support. The platform warns amid the latest proposal to curb DeFi activity and ban stablecoin reward programs. The growing debate is centred on whether decentralized finance and stablecoin reward models could disrupt the traditional banking

The post Coinbase Pushes Back as CLARITY Act Faces DeFi and Stablecoin Reward Ban Debate appeared first on CoinGape.

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