The Banksters are trying to prohibit platforms like @Gemini, @coinbase, and @krakenfx from offering stablecoin rewards to you. The GENIUS Act already settled this issue with an elegant compromise — stablecoin issuers cannot offer rewards, but intermediary platforms like Gemini, Coinbase, and Kraken can. Now, the banksters want another bite at the apple. They want to relitigate a settled, legislated issue in a way that is bad for you, innovation, and American competitiveness. We are not going to let them get away with this. That's why we signed onto this letter with 125+ other companies to defend the GENIUS Act as it is written. Onward! 🇺🇸🤝🫡

We signed onto a letter with 125+ companies and organizations urging Congress to defend the GENIUS Act as written.
Lawful stablecoin rewards are pro-consumer, pro-competition, and already permitted by law. Rewriting GENIUS now would undermine certainty and innovation.

Gemini

Twitter

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