[Gemini Signs Joint Letter to Defend the GENIUS Act: Platforms Should Be Allowed to Offer Stablecoin Rewards] Cryptocurrency exchange Gemini announced that it has signed a joint letter with over 125 companies, urging the U.S. Congress to defend the original text of the GENIUS Act from amendments. Gemini co-founder Tyler Winklevoss stated that the current act prohibits issuers but allows intermediary platforms like Gemini, Coinbase, and Kraken to offer stablecoin rewards. If the act is amended to prohibit such actions, it will stifle innovation.