🇺🇸 On December 11, the heads of Bank of America, Citigroup, and Wells Fargo will discuss crypto regulation in the Senate



Bank executives will speak about the CLARITY bill, which aims to regulate the crypto market. They are advocating for a ban on paying interest on stablecoins and are demanding a level playing field to compete with crypto companies. Measures to strengthen the fight against the illegal use of cryptocurrencies are also being discussed.

Senators are negotiating over transferring oversight of crypto assets to either the SEC or the CFTC.
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