Citing stability in bills and potential benefits, Citigroup CEO Jane Fraser has expressed her support for cryptocurrency legislation, even as they continue to fight changes on the treatment of stablecoin rewards.
Jane Fraser’s endorsement comes amid ongoing negotiations between banks and crypto firms over proposed legislative changes. The issue of stablecoin rewards has been a point of contention during bill negotiations, with the Clarity Act proposed as a compromise but not directly addressing stablecoins.
Written by Jessica Primrose
Stablecoins Desk
