Virginia Senate Passes Bill Allowing State Banks To Offer Bitcoin Custody Services
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A bill passed in the Virginian Senate allows banks to offer custodial services for bitcoin in either a fiduciary or non-fiduciary capacity once signed into law. The Senate of the Commonwealth of…
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Virginia has become the latest state to pass a crypto-friendly bill. The bill, which was passed unanimously by the Senate and the House of Representatives of Virginia, would now allow traditional... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
Key Highlights Ryan VanGrack says the CLARITY Act is needed to create federal crypto rules, whether people support or oppose crypto. The bill faced another delay as Senate lawmakers continue negotiating its remaining provisions. Supporters say clear rules could strengthen consumer protection and encourage crypto businesses to operate in the…
AI SummaryShowICBA filed a lawsuit on October 2, challenging the OCC’s March 2026 trust‑bank rule and Protego charter.The OCC issued Interpretive Letter 1176 in 2021 and issued the final rule in March 2026 after a January proposal.Earlier, in February 2026, the OCC approved trust charters for Stripe, Protego, and Crypto.com’s…