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Bank of America CFO: Legislative Clarity Paves the Way for Stablecoin Development

Summary: In a recent statement, the Chief Financial Officer of Bank of America mentioned that with regulatory frameworks becoming clearer, banks are able to offer services related to stablecoins to customers. He noted that banks can either independently develop stablecoins or choose to collaborate with industry partners. (Zhitong Finance)

In a recent statement, the Chief Financial Officer of Bank of America mentioned that with regulatory frameworks becoming clearer, banks are able to offer services related to stablecoins to customers. He noted that banks can either independently develop stablecoins or choose to collaborate with industry partners. (Zhitong Finance)

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