Texas regulator allows state-chartered banks to hold Bitcoin

Cointelegraph

Published Jun 11, 2021 04:20AM ET

Updated Jun 12, 2021 06:40AM ET

A Texas state regulator has officially affirmed that Texas state-chartered banks are allowed to store cryptocurrencies like Bitcoin (BTC) for their customers.

The Texas Department of Banking, a state regulatory agency chartering state banks and supervising financial services, issued a notice on Thursday stating that local banks are permitted to provide crypto services in the state.

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