Coinbase Tells US Treasury: Stablecoins Should Be Treated Like Cash, Not Debt

Coinbase Tells US Treasury: Stablecoins Should Be Treated Like Cash, Not DebtRegulatory momentum for U.S. stablecoins is accelerating as calls grow to classify them as cash equivalents, a move seen as a game-changer for financial innovation, tax clarity, and America’s dominance in the digital payment ecosystem. Coinbase Pushes for Stablecoin Cash-Equivalent Classification Under GENIUS Act Regulatory discussions around stablecoin classification are intensifying as the U.S. Department […]

Source: https://news.bitcoin.com/coinbase-tells-us-treasury-stablecoins-should-be-treated-like-cash-not-debt/