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US Virginia Senate allows state banks to offer crypto custody services -Breaking


A bill amendment was unanimously passed by the Senate of Virginia, United States. It allows banks that are not traditional to Virginia to offer virtual currency custody services.

Christopher T. Head, Delegate IntroductionThe bill (House Bill No. 263) was introduced in January 2022. It seeks an amendment that would allow crypto custody services to be offered by eligible banks.

Jean Nellie Liang speaks at the Feb. 8 House Committee on Financial Services Hearing