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Financial Innovation Act Signed into Law, Nebraska Becomes Second State Allowing Crypto Banks
Summary: Gov. Pete Ricketts signed LB 649, or the Nebraska Financial Innovation Act, into law on Tuesday. The bill, authored by Sen. Mike Flood of Norfolk, establishes digital asset banks as a new kind of financial institution. The banks would allow customers to deposit cryptocurrency, like Bitcoin or Dogecoin. Nebraska is the second state, after Wyoming, ...
Gov. Pete Ricketts signed LB 649, or the Nebraska Financial Innovation Act, into law on Tuesday. The bill, authored by Sen. Mike Flood of Norfolk, establishes digital asset banks as a new kind of financial institution. The banks would allow customers to deposit cryptocurrency, like Bitcoin or Dogecoin. Nebraska is the second state, after Wyoming, to allow for digital asset banks to receive charters.
By Amy Liu
Tags: Crypto Banks,Nebraska
Link: Financial Innovation Act Signed into Law, Nebraska Becomes Second State Allowing Crypto Banks [Copy]
