Bank Lobby Aims to Limit Stablecoin Yield, Open Banking in Policy Push
The American Bankers Association (ABA) is focusing on limiting how digital dollars, specifically stablecoins, generate returns. The lobby group is also targeting open banking practices related to how financial data is shared. These priorities have emerged as lawmakers in the United States continue to debate the regulatory structure of the crypto market. The ABA's policy push arrives amidst ongoing discussions about the future of digital assets and their integration into the traditional financial system.
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