A group of pro-crypto US senators is pushing federal banking regulators to make changes to the capital guidelines for digital assets. They say that current rules are discouraging banks from investing in the crypto space.
A coalition of US Senators led by Cynthia Lummis, Bill Hagerty, Dan Sullivan, Bernie Moreno, Jon Husted, and Ted Budd wrote a letter to U.S. banking authorities. They requested to establish a new banking framework to regulate banks’ digital asset operations amid the CLARITY Act progress.
The senators recognized the threats cryptocurrencies pose, but stated that “these risks are measurable.” Hence, the US Senators believe these could be mitigated through existing banking risk-management tools.
The push comes as the CLARITY Act gains momentum in Washington. The bill was recently placed on the Senate calendar. Further, Senator Lummis indicated she hopes to have a vote on the Senate floor before the August recess.
US Senators Urge New Bitcoin, Crypto Capital Rules for Banks Amid CLARITY Act
The crypto regulation debate is heating up in Washington. 🇺🇸
A group of U.S. senators is pushing for new capital requirements on banks handling Bitcoin and other digital assets, adding another layer… pic.twitter.com/bH7frG8XKR
— 3.0 TV (3verseTV) (@reallive3tv) June 5, 2026
Source: lummis.senate.gov
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