Crypto exchanges can keep paying interest-like rewards, federal regulators say
Cryptocurrency companies can continue to pay interest-like rewards to customers, federal regulators said Wednesday, despite warnings from banks that such programs could drain trillions of dollars in deposits from the banking system. The new rules are part of the implementation of the GENIUS Act,
<p>Cryptocurrency companies can continue to pay interest-like rewards to customers, federal regulators said Wednesday, despite warnings from banks that such programs could drain trillions of dollars in deposits from the banking system.
The new rules are part of the implementation of the GENIUS Act, </p>