Texas Banks Can Now Provide Bitcoin Custody Services For Clients

tldr; Texas state-chartered banks will now be allowed to store Bitcoin and other crypto-assets for their clients. The Texas Department of Banking said banks can provide crypto-related services to their clients as long as they have "adequate protocols in place to effectively manage the risks and comply with applicable law."

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.