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