"State Legislatures and Senate Push for Marijuana Banking and Stablecoin Regulation Bills"

The National Conference of State Legislatures is urging Congress to attach the bipartisan marijuana banking bill to an unrelated FAA reauthorization legislation, emphasizing the need for financial services for legal cannabis businesses and the safety risks associated with cash-only transactions. Lawmakers from both parties have expressed optimism about the bill's prospects, with discussions also including the possibility of combining cryptocurrency regulation legislation with the marijuana banking bill. Senate Majority Leader Chuck Schumer has reiterated his intent to pass legislation to safeguard cannabis banking, while bipartisan support for the bill continues to grow.