[GENIUS Act Banning Yield-Generating Stablecoins Will Stifle Crypto Innovation] Odaily Planet Daily News: Lawyer Jake Chervinsky posted on platform X, stating that Congress passing the GENIUS Act to ban yield-generating stablecoins has ceded significant benefits to banks. This policy has had no reasonable justification from the start and stifles an entire category of innovative crypto products. Currently, banks are attempting to further disrupt market structures, and he expressed opposition to this.