Pass The SAFER BANKING ACT! #shorts

1 Nov 2023 · 1 min

Watch on YouTube

0:49

In this brief YouTube short, two speakers discuss the SAFER (formerly SAFE) Banking Act, emphasizing that the legislation has been stalled since around 2014—over a decade ago. They argue that the bill must be passed promptly, noting that businesses and point‑of‑sale (POS) providers are already prepared to operate under its provisions, citing a specific example of a "Bud" POS product already listed. The overall message is a persuasive urging for lawmakers to stop delaying and enact the law so the ready industry can move forward.

But yeah, so the SAFE Banking Act— the SAFER Banking Act— is a great thing. I think that we've been sitting around twiddling our thumbs with this for the past, what, 4 years? 5 years? Longer. 10 years. No, I'm talking about since the— it's been a crazy dumb long time. SAFE Banking Act's been around a long time. 2014.
Yeah, so that's 10 years. A decade. Wow. So they need to get this stuff passed because it needs to— it just needs to get done and stop fooling around and and let these businesses do everything. I mean, even point-of-sale companies we work with, I saw one of them had listed in the products, Bud point-of-sale. So they're already ready. Everyone's ready.
I mean, everyone's got it ready in the pipeline.