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Senator Lummis: Responsible Financial Innovation Act of 2026 Allows Large Banks to Provide Digital Asset Custody, Pledging, and Payment Services
Summary: Senator Lummis announced on X platform that the Responsible Financial Innovation Act of 2026 will permit large banks to offer digital asset custody, pledging, and payment services under appropriate regulation. Senator Cynthia Lummis emphasized that digital assets are an essential part of the financial system, and integrating them into regulated banking systems can protect consumers ...
Senator Lummis announced on X platform that the Responsible Financial Innovation Act of 2026 will permit large banks to offer digital asset custody, pledging, and payment services under appropriate regulation. Senator Cynthia Lummis emphasized that digital assets are an essential part of the financial system, and integrating them into regulated banking systems can protect consumers while unlocking growth potential.
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Link: Senator Lummis: Responsible Financial Innovation Act of 2026 Allows Large Banks to Provide Digital Asset Custody, Pledging, and Payment Services [Copy]
