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Texas greenlights state-chartered banks to custody crypto

 3 years ago
source link: https://fintechranking.com/2021/06/11/texas-greenlights-state-chartered-banks-to-custody-crypto/
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Texas greenlights state-chartered banks to custody crypto

In a June 10 notice, the Texas Department of Banking gave state-chartered banks the go-ahead to custody crypto assets. 

The notice is a simple affirmation that standard risk-based assessments by the banks themselves are adequate to provide cryptocurrency custody.

Read more: The Block


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