US leaves stablecoin interest payments in limbo, will review case by case
- —Regulator gave no clear answer on whether stablecoin yield programs are legal
- —Programs from platforms such as Coinbase are in question: interest or loyalty perk
- —Each case will be assessed individually with no single rule
Why it matters: The uncertainty complicates yield products on stablecoins and raises regulatory risk for Coinbase and its peers.
Source: CriptoNoticias