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Minnesota crypto custody law lets banks hold assets from Aug. 1 – TON BOT

Minnesota crypto custody law lets banks hold assets from Aug. 1

Minnesota has signed a new law allowing banks and credit unions to hold digital assets for customers starting on August 1. The law requires segregation of crypto assets, cybersecurity policies, and state review before custody services launch statewide. At the same time, Minnesota is also banning crypto ATMs to prevent fraud.


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