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Citigroup CEO Jane Fraser backs crypto legislation, reveals stablecoin ambitions

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Citigroup CEO backs crypto legislation, reveals stablecoin ambitions

Citigroup CEO Jane Fraser publicly supported passing the GENIUS Act and other crypto legislation while revealing the bank's interest in stablecoin products, despite ongoing debates over regulatory details.

Aug 13, 2026·2 sourcesStablecoin regulationCrypto regulationCrypto & banking regulationGENIUS ActStablecoins
Citigroup CEO backs crypto legislation, reveals stablecoin ambitions
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The Block

Citigroup CEO Fraser on Clarity Act: 'We would like to see a good bill go through,' as stablecoin reward issues simmer