finance
Minnesota Governor Signs Law Allowing Virtual Currency Custody Services
Minnesota Governor Tim Walz signed HF 3709 into law, permitting virtual currency custody services to operate in the state. The measure takes effect immediately.
May 18, 11:56 AM·1m read1 source
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Minnesota Governor Tim Walz signed HF 3709 into law, allowing virtual currency custody services to be offered and performed in the state. The legislation authorizes firms to provide custody for digital assets under state regulatory oversight. No further details on licensing requirements or consumer protections were included in the announcement.
The law applies statewide and does not restrict services to specific types of virtual currency.
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