The Office of the Governor of Nebraska on Tuesday formally signed the Nebraska Financial Innovation Act, which allows banks to provide services to customers who own bitcoin and other digital assets. This means that Nebraska has become the second state in the United States that can issue licenses for crypto banks, and the first state is Wyoming.
According to previous media reports, Nebraska No. 649 on “Allowing Banks to Provide Services to Customers Who Have Bitcoin and Other Digital Assets” was approved by the State Assembly.

The bill was written by Senator Mike Flood and established the digital asset bank as a new type of financial institution. The bank will allow customers to deposit cryptocurrencies such as Bitcoin or Dogecoin.

Flood said: “My goal is to promote the development of northeastern Nebraska by helping to create high-paying, high-skilled jobs. This bill enables Nebraska to seize opportunities and stand out in the field of innovation. 649 Bill No. 1 is a historic step towards leading financial technology.”

Flood said that the “Nebraska Financial Innovation Act” will attract cryptocurrency operators, hoping to protect the safety of consumers through regulation, structure and accountability.

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