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Bank CEOs and Senators to Discuss Crypto Market Regulation

Crypto News

Bank CEOs are reportedly scheduled to meet with senators from both parties on Thursday (Dec. 11) to discuss crypto market regulation.

The CEOs of Citigroup, Wells Fargo and Bank of America will meet with senators in an event organized by the Financial Services Forum, Seeking Alpha reported Monday (Dec. 8), citing a statement from the bank trade group.

Topics on the agenda include bank permissibility, payment of interest, and illicit finance, according to the report.

PYMNTS reported Wednesday (Dec. 3) that both in the United States and in other markets and geographies, banks are working to ensure that they play a role in crafting crypto infrastructure despite policy gridlocks.

Global financial institutions have worked on stablecoins,…

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