Federal Reform Could Transform Cryptoвђ™s Cannabi... Instant
: Banks like JPMorgan Chase have indicated they would likely start providing services to the industry once federal laws change.
: Entry into mainstream banking means the cannabis industry will "shed the secrecy of cash" and be subject to standard AML (Anti-Money Laundering) and KYC (Know Your Customer) rules already familiar to the crypto industry. Federal reform could transform crypto’s cannabi...
Federal reform, specifically the SAFER Banking Act (formerly SAFE), aims to provide a "safe harbor" for financial institutions to serve state-legal cannabis businesses. : Banks like JPMorgan Chase have indicated they