Why Minnesota is empowering local banks to fight Wall Street for crypto revenue

May 22, 2026 - 19:00
Why Minnesota is empowering local banks to fight Wall Street for crypto revenue
Minnesota financial institutions can no longer afford to remain on the sidelines as Wall Street aggressively captures digital asset infrastructure, driving a state-level legislative push to halt deposit flight and insulate the local economy, a local legislator and a banker told CoinDesk. “Over the last several years, I’ve consistently heard concerns about the increasing amount...

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