Cynthia Lummis, Chair of the U.S. Senate Banking Digital Assets Subcommittee, announced that the 2026 Responsible Financial Innovation Act will permit large banks to provide digital asset custody, staking, and payment services under appropriate regulation. This move aims to integrate digital assets into the regulated banking system, enhancing consumer protection and unlocking growth potential in the industry.
U.S. Senate Bill to Allow Banks to Offer Digital Asset Services by 2026
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