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I heard about good progress. Recently, the Chair of the Senate Banking Committee's Digital Assets Subcommittee Cynthia Lummis stated that the "Responsible Financial Innovation Act" is accelerating in progress, and a markup session is expected to be held in the second week of January. Simply put, the core of this law is to allow major banks to officially enter — where they can provide custody, staking, and payment services for digital assets.
Why is this important? Because it marks the beginning of the traditional financial system adopting digital assets. On one hand, it can provide greater protection for users, and on the other hand, it opens the door for growth in this sector. After months of discussions and delays, there is finally real movement.
When this law is actually implemented, the liquidity of the banking system and its compliance features will surely accelerate flow into this space. For the cryptocurrency ecosystem, this represents a shift from random growth to regulatory oversight.