Banks are lobbying to kill crypto rewards to protect a hidden $1,400 “tax” on every household
Banks are combating stablecoin rewards to protect a secret $360 billion income machine. When Coinbase chief coverage officer Faryar Shirzad posted a thread on Jan. 8 warning that stablecoin rewards “stay underneath debate” as Congress marks up market construction laws, he hooked up numbers that banking teams would slightly hold quiet. US banks earn $176…
