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CitiBank Leader Calls for Clarity on Crypto Regulation

Guavy AI Editorial Team
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CitiBank CEO Jane Fraser has urged the Senate to pass the crypto CLARITY Act, stating that her $3 trillion bank is a digital assets leader and wants effective legislation. In an interview with Fox Business, Fraser emphasized the importance of clear rules for the cryptocurrency market, which has been plagued by regulatory debate.

The push for the CLARITY Act comes as Bitcoin and broader crypto markets seek clarity on how institutions handle Bitcoin custody and trading. CitiBank's involvement highlights the growing intersection between banking sector digital assets strategies and Senate cryptocurrency legislation.

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