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From GENIUS to CLARITY: Congress Weighs On-Chain Banking for US Depositories

CoinGape·October 1, 2026·1 min read
From GENIUS to CLARITY: Congress Weighs On-Chain Banking for US Depositories

A Congressional Research Service report published September 30, 2026, highlights the Senate's CLARITY Act (H.R. 3633), which would add 11 categories of crypto activities—including digital asset underwriting and dealing—as permissible for all U.S. depositories. The report reignites debate over bank-permissible crypto activities.

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