Regulatory Showdown in Washington Weighs on Coinbase Shares

Coinbase US19260Q1076

Coinbase finds itself navigating dual headwinds this week. As cryptocurrency markets experience a notable downturn, the company is simultaneously engaged in a critical Washington D.C. policy battle that could reshape a core part of its business model. The central question before the White House is whether crypto platforms will retain the ability to offer interest or “rewards” on stablecoin holdings. The outcome will directly influence the appeal of dollar-pegged stablecoins to users and determine the intensity of opposition from the traditional banking sector.