Minnesota Law Permits Banks and Credit Unions to Offer Crypto Custody

Minnesota Law Permits Banks and Credit Unions to Offer Crypto Custody

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Minnesota Governor Tim Walz has officially signed HF 3709 into law, enabling state-chartered banks and credit unions to provide cryptocurrency custody services. This legislative move positions Minnesota as a proactive state in integrating digital assets within traditional financial frameworks, potentially boosting mainstream adoption and offering new services to consumers.

Governor Tim Walz has signed HF 3709 into law, permitting banks and credit unions to offer crypto custody services.