United States of America: Virginia: Digital Asset Custody Law (HB 263)
Progress
Scope
Timeline of events
Signing of Virginian Digital Asset Custody Law
On 11 April 2022, the Virginian Governor signed the Digital Asset Custody Law (HB 263), which entered into force. The Law allows banks to provide virtual currency custody services if they fulfil certain requirements. Particularly, the banks are expe…
Virginian Digital Asset Custody Law adopted
On 3 March 2022, the Digital Asset Custody Law (HB 263) was adopted by the Virginia House of Representatives. The Law banks to provide virtual currency custody services if they fulfil certain requirements. Particularly, the banks are expected to con…
Virginian Digital Asset Custody Law passes the Senate
On 3 March 2022, the Digital Asset Custody Law (HB 263) passed the Senate. The Law allows banks to provide virtual currency custody services if they fulfil certain requirements. Particularly, the banks are expected to conduct a self-assessment to se…
Introduction of Virginian Digital Asset Custody Law
On 31 January 2022, the Digital Asset Custody Law (HB 263) was introduced in the Virginia House of Representatives. It allows banks to provide virtual currency custody services if they fulfil certain requirements. Particularly, the banks are expecte…