SAFE Banking Act of 2026 creates protections for financial institutions providing services to state-sanctioned marijuana businesses.
The SAFE Banking Act of 2026 aims to create protections for financial institutions that provide services to state-sanctioned marijuana businesses. It prohibits federal banking regulators from requesting or ordering a depository institution to terminate accounts of state-sanctioned marijuana businesses unless specific conditions are met. The act also ensures that financial institutions, including banks and credit unions, are not held liable for providing services to these businesses.
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