U.S. Senator Lummis Backs Bank Crypto Services Under 2026 Law
U.S. Senator Lummis said large banks should be allowed to offer crypto services under a clear federal framework. In a post on X, she pointed to the Responsible Financial Innovation Act of 2026. Arguing that it brings digital assets into the regulated banking system while protecting consumers. U.S. Senator Lummis is the chair of the Senate Banking Subcommittee on Digital Assets. She said crypto has become part of the financial system. U.S. Senator Lummis added that proper supervision can support growth without weakening safeguards.
Banks Get a Green Light for Custody and Staking
Under the 2026 proposal, major banks and depository institutions could provide digital asset custody, staking and payment services. These services would operate…
