Regulatory momentum for U.S. stablecoins is accelerating as calls grow to classify them as cash equivalents. This move is widely 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://bitcoinethereumnews.com/tech/coinbase-tells-us-treasury-stablecoins-should-be-treated-like-cash-not-debt/
