Coinbase warns that stablecoin rules could give China an advantage
Coinbase executives warned that changes to the U.S. stablecoin framework could weaken Washington’s position in the global race for digital payments, just as China moves to make its central bank digital currencies (CBDCs) more competitive. Faryar Shirzad, chief policy officer at Coinbase, said in a post on He pointed to recent announcements by China’s central…
