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List of Flash News about bank rewards ban

Time Details
2025-09-29
17:26
Coinbase (COIN) CEO Brian Armstrong Bullish on Clear U.S. Crypto Rules, Challenges Bank Rewards Ban as Traders Watch Senate Action

According to the source, on Sep 29, 2025, Coinbase (COIN) CEO Brian Armstrong stated he has "never been more bullish about clear rules for crypto" in the United States. According to the source, Armstrong said banks want to ban rewards to maintain their monopoly and emphasized that "bailing out the big banks at the expense of the American consumer is not ok," adding that his team is ensuring the U.S. Senate is aware of this position. According to the source, the immediate trading watch is the U.S. Senate outreach on rewards policy and crypto rulemaking referenced by Armstrong, which frames upcoming regulatory headlines as a key focus for market participants.

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