The US state of Louisiana is allowing financial institutions and trust companies to provide custody services for cryptos. Last week, Democratic Governor John Bel Edwards signed a bill mandating participating Louisiana financial institutions must “implement effective risk management systems” and adequately insure the crypto assets they custody, whether in a fiduciary or non-fiduciary capacity. The […]The post US State Passes Legislation Allowing Financial Institutions To Offer Crypto Custody Services appeared first on The Daily Hodl.
