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Minnesota signs law allowing banks, credit unions to offer crypto custody services

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The Block Editorial
(03:56 AM UTC)
1 min read
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Reviewed byJames Mitchell
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Minnesota has enacted a bill allowing banks and credit unions to offer cryptocurrency custody services, as the state continues examining the legal boundaries of various crypto-related services.

HF 3709, which was signed into law by Governor Tim Walz on Friday, permits "certain virtual-currency custody services​ to be offered and performed," according to the Minnesota Legislature website. The…

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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