According to reports, Coinbase may reconsider its support for the CLARITY Act due to concerns over a potential ban on stablecoin rewards. The crypto-focused markets structure bill is scheduled for discussion at a markup session. The central issue is whether stablecoin issuers will be allowed to offer rewards through crypto exchanges. The development could have implications for the broader stablecoin market and the ability of exchanges to attract and retain users by offering incentives.

According to reports, Coinbase may reconsider its support for the CLARITY Act due to concerns over a potential ban on stablecoin rewards. The crypto-focused markets structure bill is scheduled for discussion at a markup session. The central issue is whether stablecoin issuers will be allowed to offer rewards through crypto exchanges. The development could have implications for the broader stablecoin market and the ability of exchanges to attract and retain users by offering incentives.