Minnesota Legalizes Crypto Custody Services for Banks, Credit Unions

Cointelegraph Staff

(05:52 PM UTC)

1 min read

Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August.

On Friday, Governor Tim Walz signed House File (HF) 3709 into law, permitting “certain virtual-currency custody services to be offered and performed” by financial institutions in the US state.

One of the original sponsors in the Minnesota House of Representatives, Bernie…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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