Dossier
Banking Trade Groups
Coverage of Banking Trade Groups in the Nexus archive.
- Goldman Sachs CEO Breaks With Wall Street to Back Crypto Clarity Act
Goldman Sachs CEO Solomon endorses the Crypto Clarity Act, diverging from JP Morgan's Jamie Dimon and banking trade groups, who caution that the bill's stablecoin-yield provisions might divert deposits from traditional lenders.
- Bank trade groups say Senate stablecoin reward fix ‘falls short’ amid deposit protection concerns
Major banking trade groups have criticized a proposed fix to crypto market structure legislation, stating it 'falls short' in addressing concerns. The issue at hand is related to stablecoin reward and deposit protection. Banking trade groups are seeking more comprehensive solutions.