Gemini: Has signed a joint letter with over 125 companies and organizations, urging the U.S. Congress to uphold the Genius Act as is.

According to Mars Finance, Gemini stated on its X platform that it has signed a joint letter with over 125 companies and organizations, urging the US Congress to uphold the Genius Act as is. Gemini argues that legitimate stablecoin rewards benefit consumers and competition and are legally permissible. Modifying the Genius Act at this time would harm certainty and innovation.