§6:1401. Definitions

RS 6:1401 – Definitions As used in this Chapter, the following words have the following meanings: (1) “Custody services” means the safekeeping or custody of virtual currency or other assets by a financial institution or trust company. (2) “Financial institution” means a federally insured depository institution chartered pursuant to the laws of this state, another […]

§6:1402. Provision of virtual currency custody services

RS 6:1402 – Provision of virtual currency custody services A. A financial institution or trust company may provide its customers with virtual currency custody services if the financial institution or trust company has adequate protocols in place to effectively manage risks and comply with applicable laws. A financial institution or trust company may provide virtual […]