Coinbase CEO: Opposes Cryptocurrency Reward Bill as It May Reduce User Incentives

Odaily News: Coinbase CEO Brian Armstrong posted on X, stating that if the cryptocurrency reward ban becomes law, it would benefit the company more as Coinbase pays substantial rewards to users holding USDC. However, he does not wish for this to happen, as user rewards are more beneficial for customers, and maintaining the competitiveness of regulated stablecoins on the global stage is better for the United States.