Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody
Jack Martin's original article for cointelegraph.com reduced by 71%
The Hawaii State Senate has passed the first reading of a bill authorizing banks to hold digital assets in their custody. The bill specifies the set of provisions which a bank must adhere to in order to provide custodial services for digital assets. The bill specifies the manner of perfecting a security interest in digital assets and discusses various methods such as smart contracts and multi-signature arrangements.
Donate Bitcoin to this address
Scan the QR code or copy the address below into your wallet to send Bitcoin
Donate Ethereum to this address
Scan the QR code or copy the address below into your wallet to send Ethereum
Donate With MetaMask
Donate ETH With MetaMask
Alternatively, support us by using the following referral links:
CN [too long; didn’t read]
Summarised crypto news.