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CEOs of Bank of America, Citigroup, and Fidelity to Meet with US Senators to Discuss Cryptocurrency Market Legislation
Summary: According to Bloomberg, the CEOs of Bank of America, Citigroup, and Fidelity, Brian Moynihan, Jane Fraser, and Charlie Scharf, are scheduled to meet with bipartisan senators on Thursday to discuss upcoming cryptocurrency market legislation. The discussion, organized by the Financial Services Forum of major banks, is expected to focus on bankers' opposition to allowing stablecoin ...
According to Bloomberg, the CEOs of Bank of America, Citigroup, and Fidelity, Brian Moynihan, Jane Fraser, and Charlie Scharf, are scheduled to meet with bipartisan senators on Thursday to discuss upcoming cryptocurrency market legislation. The discussion, organized by the Financial Services Forum of major banks, is expected to focus on bankers' opposition to allowing stablecoin interest payments, as well as banks' competitiveness in the cryptocurrency field and efforts to prevent the illicit use of cryptocurrencies. Senators involved in cryptocurrency market structure legislation have been invited to attend the meeting.
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Link: CEOs of Bank of America, Citigroup, and Fidelity to Meet with US Senators to Discuss Cryptocurrency Market Legislation [Copy]
