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Stablecoins Take Center Stage as US Senators Advance Cryptocurrency Market Structure Bill Ahead of White House Talks with Bank of America, Citigroup, and Wells Fargo

COINOTAG News reported on December 11 that U.S. lawmakers are pressing ahead with negotiations on the Cryptocurrency Market Structure Bill. Citing crypto reporter Eleanor Terrett, the discussions aim to refine provisions governing exchange operations, market access, and investor protections as text circulates for finalization.

This afternoon, executives from several leading fintech and financial institutions will travel to the White House for a briefing on market structure and regulatory expectations, focusing on clarity for participants, risk controls, and interoperability across platforms to reduce systemic risk.

Later, the CEOs of Bank of America, Citigroup, and Wells Fargo are slated to meet with senators to discuss policy options, including limits on affiliated company payments tied to stablecoin issuances, along with other items in the ongoing regulatory dialogue.

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    Stablecoins Take Center Stage as US Senators Advance Cryptocurrency Market Structure Bill Ahead of White House Talks with Bank of America, Citigroup, and Wells Fargo - Breaking News