Why are banks fighting stablecoin yield and why does it matter for Bitcoin? Zack Shapiro, Ken Egan, and Zack Cohen, break down the political battle unfolding in the U.S. Senate and why Coinbase’s opposition could derail market structure reform in the latest Senate bill. From developer protections to self-custody rights, this episode explores what’s at stake for the future of Bitcoin in the United States.🔶 Connect with Zack Shapiro on X: https://x.com/zackbshapiro🔶 Connect with Zack Cohen on X: https://x.com/zackcohen_🔶 Connect with Ken Egan on X: https://x.com/Bayman11771🔶 Learn more about the Bitcoin Policy Institute: https://www.btcpolicy.org/Chapters: 00:00 – Why U.S. Payments Lag Behind the World 05:05 – What the Market Structure Bill Is Trying to Do 10:10 – Stablecoin Yield and Coinbase’s Breaking Point 15:20 – Banking Lobby Power and Protectionism 20:15 – Developer Protections and Self-Custody Explained 25:00 – Why No Bill Could Be Worse Than a Bad Bill 30:00 – DOJ, Samurai Wallet, and the Strategic Bitcoin Reserve 35:30 – De Minimis Tax Exemptions and Network Fees 40:45 – Market Structure vs Crypto Tax Legislation 46:30 – Iran, Geopolitics, and Bitcoin’s Policy Role 51:30 – What Happens Next for U.S. Bitcoin Regulation#BitcoinPolicy #BitcoinRegulation #StablecoinYield #MarketStructure #Coinbase #BankingLobby #SelfCustody #DeveloperProtections #BitcoinMagazine #BitcoinConference #USPolicy #DigitalAssets #PaymentsInfrastructure #BlockchainPolicy #USDCDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.