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  • Texas greenlights state-chartered banks to custody crypto
Banks, Cryptocurrencies, Government activitiesJune 11, 2021June 15, 2021

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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