The CEOs of Bank of America, Wells Fargo, and Citigroup will meet with U.S. senators to discuss crypto market legislation.

robot
Abstract generation in progress

[CEOs of Bank of America, Wells Fargo, and Citigroup to Meet with US Senators to Discuss Crypto Market Legislation] Bank of America CEO Brian Moynihan, Citigroup CEO Jane Fraser, and Wells Fargo CEO Charlie Scharf plan to meet with bipartisan senators on Thursday to discuss cryptocurrency market legislation that may soon be put to a vote.

The discussion, organized by the Financial Services Forum, an alliance of major banks, is expected to focus on bankers’ opposition to allowing stablecoins to pay interest, banks’ competitiveness in the cryptocurrency sector, and preventing the use of cryptocurrencies for illegal activities. Senators involved in cryptocurrency market structure legislation have been invited to attend the meeting.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)