Senator Lummis: The 2026 Responsible Financial Innovation Act allows large banks to provide digital asset custody, staking, and payment services

Jan 01, 2026 00:08:48

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Senator Lummis posted on the X platform stating that the "Responsible Financial Innovation Act" allows large banks to provide digital asset custody, staking, and payment services under appropriate regulation.

Senator Cynthia Lummis pointed out that digital assets are an indispensable part of the financial system, and incorporating them into the regulated banking system can protect consumers while unleashing growth potential.

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