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U.S. Senator Cynthia Lummis: "Responsible Financial Innovation Act of 2026" Allows Large Banks to Provide Digital Asset Custody, Escrow, and Payment Services
BlockBeats News, January 1st, U.S. Senator Cynthia Lummis stated in a post that the "Responsible Innovation in Financial Services Act of 2026" allows large banks to offer digital asset custody, staking, and payment services under appropriate regulation. Senator Cynthia Lummis pointed out that digital assets are an integral part of the financial system, and bringing them into the regulated banking system can unlock growth potential while protecting consumers.
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