TechFlow, Dec 9 — According to Bloomberg, Bank of America CEO Brian Moynihan, Citigroup CEO Jane Fraser, and Wells Fargo CEO Charlie Scharf plan to meet with bipartisan senators on Thursday to discuss upcoming cryptocurrency market legislation.
The discussion, organized by the Financial Services Forum—a coalition of major banks—is expected to focus on bankers' opposition to allowing interest-bearing stablecoins, banks' competitiveness in the cryptocurrency sector, and measures to prevent cryptocurrencies from being used for illegal activities.




