Moreno claims the American Bankers Association is pressuring chief executives to lobby senators against a Bitcoin and crypto market structure measure.
Senator Bernie Moreno said the American Bankers Association is aggressively trying to stop a Bitcoin and crypto market structure bill. He alleged that banks are urging chief executives to lobby senators in opposition to the measure. The statement points to tension between parts of the traditional banking industry and efforts to create clearer U.S. rules for digital assets, though no bill details or response from the American Bankers Association were provided in the source.