Nebraska could become the second U.S. state to introduce a crypto banking charter. State senators voted Monday for a bill that would allow firms to register as digital asset depositaries, and offer services allowing their customers to buy and sell Bitcoin and other cryptocurrencies.
The Nebraska Financial Innovation Act sailed through the vote to adopt the legislation, with near-unanimous approval—39 lawmakers voted to advance the bill to enrollment and initial review, with only one in disagreement.
Following in Wyoming’s footsteps
The move follows similar legislation enacted by the state of Wyoming, which chartered its first crypto bank, Kraken in September 2020, and another, Avanti, soon after that. The new crypto banks can hold digital assets, take deposits, and maintain digital payment systems.
In January, underscoring the new interest among lawmakers, regulators, and industry leaders in the intersection between crypto and traditional finance, crypto company Anchorage became the
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