Congress eyes permanent crypto rules for U.S. banks

4.7 Regulation

Oct 2, 2026

Congress debates letting banks handle digital assets and stablecoins, aiming for clear, lasting crypto regulations instead of frequently changing rules.

Recent reports reveal ongoing debates in the U.S. Congress about regulating crypto-related activities by banks and credit unions. The Congressional Research Service (CRS) highlights that current rules for banks dealing with digital assets like Bitcoin and stablecoins are unstable, often changing with shifts in regulatory leadership and political administrations. Lawmakers are now considering comprehensive legislation that would allow banks to manage digital assets, issue stablecoins, and use blockchain technology. The goal is to establish a more permanent and robust regulatory framework, reducing the frequency of regulatory changes and providing greater clarity for financial institutions. Discussions focus on the specific conditions and limitations under which banks can engage in crypto activities. The CRS suggests that new laws from Congress could create more enduring rules, reflecting a broader shift as interest in crypto assets continues to grow.