Banks and fintechs seek cannabis reforms.
BANKING AND CREDIT NEWS-October 23, 2023--Banks and fintechs seek cannabis reforms
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
Global Banking News - 23 October 2023
Bank of America Corp (NYSE: BAC), MasterCard (NYSE: MA) and others are lobbying for cannabis banking reforms in the USA.
The push for cannabis reforms is supported by big banks, pharmaceutical firms, as well as gun-rights advocates. Many financial firms have expressed their support for the SAFER Banking Act, which would help legal cannabis businesses to access banks and financial institutions to conduct their...
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