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Citigroup CEO backs Clarity Act but warns stablecoin rewards could hurt banks

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Citigroup CEO Jane Fraser has backed passage of the CLARITY Act while continuing to push for changes to its stablecoin reward rules, keeping the banking industry’s main concern with the crypto bill alive ahead of a Senate procedural vote ex…

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Citigroup CEO backs Clarity Act but warns stablecoin rewards could hurt banks
Crypto.news 3h ago

Citigroup CEO backs Clarity Act but warns stablecoin rewards could hurt banks

Citigroup CEO Jane Fraser has backed passage of the CLARITY Act while continuing to push for changes to its stablecoin reward rules, keeping the banking industry’s main concern with the crypto bill alive ahead of a Senate procedural vote ex…