While amending the Bank Secrecy Act to add a "state-sanctioned marijuana businesses" safe harbor against money-laundering exposure would render depository accounts and merchant services both available ...

Forbes contributors publish independent expert analyses and insights. Joan Oleck is a freelance writer based in Northampton, Mass. When the SAFE Banking Act (SBA) was first discussed in the U.S. House ...

The marijuana industry in the United States writes a new chapter of its history with the vote of the Senate Committee on the bill that would secure access for businesses to financial institutions. The ...

On September 27, The SAFER Banking Act passed the Senate Banking Committee with a bipartisan vote of 14-9. The successful vote marks the first time a version of the cannabis banking legislation has ...

March 13, 2024 - It seems like every year, for the past five years, the same article gets written about the imminent passage of the Secure and Fair Enforcement Regulation Banking Act (SAFER Banking ...

The Senate is holding its first hearing Thursday on the Secure and Fair Enforcement Banking Act. Last month, a group of bipartisan lawmakers reintroduced the SAFE Banking Act in the House and Senate.

Lawmakers from both parties reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, which the cannabis industry views as a financial lifeline. The legislation is expected to go before the ...

The House of Representatives last week passed the SAFE Banking Act as part of a separate bill, marking the sixth time the lower house of Congress has passed the legislation to grant cannabis ...