Banks cautious about crypto ahead of COVID-19 testimony before US Senate

Cointelegraph

Published May 26, 2021 04:58AM ET

Updated May 27, 2021 07:40AM ET

Major Wall Street bank executives will appear before the United States Senate Banking Committee on Wednesday to discuss the role of their financial institutions in the recovery of the American economy.

Democratic lawmakers plan to grill a number of major bank execs, whose firms saw record profits during the COVID-19 pandemic while average Americans struggled to make ends meet.

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