Texas Clarifies That State-Chartered Banks Can Custody Bitcoin
Clarifies Texas

Texas Clarifies That State-Chartered Banks Can Custody Bitcoin

The Texas Department of Banking issued a notice reaffirming that state-chartered banks can provide bitcoin custody services.The Texas Department of Banking has released a notice affirming that state-chartered banks can offer bitcoin custody solutions to customers, so long as the bank has specific protocols in place to manage risk and comply with the law. The…