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Futures
Futures
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NEW
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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
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Quant Fund
Top asset management team helps you profit without hassle
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Stake BTC and earn 10% APR
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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.