According to reports, Coinbase rejected the latest legislative compromise proposal on stablecoin regulation, adding new obstacles to a landmark cryptocurrency market structure bill. The exchange expressed concerns on Monday during meetings with lawmakers about newly added "stablecoin yield provisions." These provisions, led by Senators Tom Tillis and Ange Arlene Orsobrooks, aim to address traditional banks' concerns about yield-bearing stablecoins. Despite recent optimistic sentiment from some key senators, without Coinbase's support, the bill's passage remains a formidable political challenge. However, negotiations continue with mixed progress.