Coinbase Launches Efforts Agst. Bank Attempts to Roll Back GENIUS Act

[Webster]

Paul Grewal, chief legal officer at Coinbase, sits down with CNBC Crypto World to discuss a new marketing campaign targeting concerns from banks over stablecoin rewards.

Post automatically merged: Oct 18, 2025

...related to the above...

Blockchain Association CEO Summer Mersinger discusses a letter the association sent to Congressional leaders arguing that the GENIUS Act is under attack from Big Banks who want to unravel the law to better protect their businesses. The letter comes after bank advocacy groups warned that allowing rewards for stablecoins through crypto exchanges, a provision in the GENIUS Act, will lead to a rush of customers yanking funds from community banks.

 

[kit_hung]

Paul Grewal has entered the studio like a building owner and clearly said that banks are shouting about stablecoin rewards but Coinbase is not playing with people

They have launched a strong campaign to show that crypto is not a customer thief but a new option

Banks are trembling because people are running for high yields like a goat runs for green grass

Paul has clearly said that people have the right to choose where their money works

Stablecoins are not a game, they are like digital gold

Coinbase says if the game is fair then let the competition decide

This is not a war of words, it is a war of systems

People want returns, not stories

Banks, seeing fire, want to put it out instead of learning to cook

Paul has turned on the light in the darkness of regulations

Crypto is coming as fast as bodaboda on the street

Keep your eyes forward and don't let the bank hype get you lost

Coinbase is fighting for financial freedom, not drama

This campaign is like an alarm to wake up from financial sleep

Don't be afraid of change if you know what you are doing

Crypto It's the future and Coinbase wants people to understand that early.