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<p>Minnesota permits banks to custody crypto

Minnesota Governor Tim Walz has signed HB 3709.

This allows state-licensed banks and credit unions to custody Bitcoin and other cryptocurrencies on behalf of their customers.

Important:  
Custody must be regulated, secured, and kept separate from the institution’s own assets.

What this could mean:  
Crypto is further integrating into the traditional banking sector. For investors, this means more regulated access points; for banks, a new opportunity to participate in the digital assets market.

🐺Don’t miss out? Follow now!</p>

Minnesota permits banks to custody crypto
Minnesota Governor Tim Walz has signed HB 3709.
This allows state-licensed banks and credit unions to custody Bitcoin and other cryptocurrencies on behalf of their customers.
Important:  
Custody must be regulated, secured, and kept separate from the institution’s own assets.
What this could mean:  
Crypto is further integrating into the traditional banking sector. For investors, this means more regulated access points; for banks, a new opportunity to pa

Minnesota permits banks to custody crypto Minnesota Governor Tim Walz has signed HB 3709. This allows state-licensed banks and credit unions to custody Bitcoin and other cryptocurrencies on behalf of their customers. Important: Custody must be regulated, secured, and kept separate from the institution’s own assets. What this could mean: Crypto is further integrating into the traditional banking sector. For investors, this means more regulated access points; for banks, a new opportunity to participate in the digital assets market. 🐺Don’t miss out? Follow now!

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