News list for "Senator meeting"
The cryptocurrency industry held another meeting with members of the U.S. Senate who are working on a market structure bill. The legislation will re-enter the negotiating stage in January, which is also the last important opportunity for industry representatives to clarify their position in the negotiations this year. Participants said it was the last chance to clarify positions in 2025, such as DeFi's protections for software developers. They said that while no new consensus was reached, it lai...
Bank of America CEO Brian Moynihan, Citigroup CEO Jane Fraser, and Wells Fargo CEO Charlie Scharf are scheduled to meet with senators from both parties on Thursday to discuss cryptocurrency market legislation that could soon be put to a vote. The discussion, organized by the Financial Services Forum, a consortium of major banks, is expected to focus on bankers' opposition to allowing stablecoins to pay interest, as well as the ability of banks to compete in the cryptocurrency space and prevent t...
