Gathered in Washington, Bankers Push to Close Stablecoin Rewards 'Loophole'

Also, Gould defends strong preemption stance; Atkins says SEC and CFTC will coordinate on enforcement and examinations

As the American Bankers Association kicked off its Washington Summit, the rallying cry of the day was hard to miss: the industry isn’t backing down in its fight with crypto firms over interest payments on stablecoins. And the 1,400 local bankers who came to town for the event were clearly fired up to make their case on Capitol Hill.

“Crypto advocates say…