Former CFTC Chair Chris Giancarlo believes that regulators will soon allow U.S. banks to use cryptocurrencies for payments. This follows statements made by Bank of America CEO Brian Moynihan, who expressed readiness to adopt crypto for payments if regulators permit. Giancarlo's assertion has sparked excitement among crypto market participants, as widespread adoption by U.S. banks could be on the horizon. However, it remains uncertain when this regulatory clarity will come. Nonetheless, the crypto industry remains optimistic with President Donald Trump's pro-crypto picks for key regulatory positions.



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