[Bank of America Lobbies to Block Stablecoin Interest Payments] According to Reuters, Bank of America is pushing for amendments to stablecoin regulatory rules, expressing concerns that related provisions could lead to capital outflows. Banking lobby groups have warned lawmakers that regulatory loopholes might allow crypto platforms to indirectly pay interest to stablecoin holders. The 'Genius Act' has already prohibited stablecoin issuers from paying interest but allows banks to issue stablecoins.