United States of America: Adopted Act relating to the commingling of funds by digital asset service providers (HB 1666)
Description
Adopted Act relating to the commingling of funds by digital asset service providers (HB 1666)
On 17 May 2023, an “Act relating to the commingling of funds by digital asset service providers” (HB 1666) was adopted after being passed by the Texan Senate and House of Representatives. The Act will apply to digital asset service providers that se…
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
subnational
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2023-01-26
under deliberation
2023-04-20
under deliberation
2023-05-17
adopted
2023-06-09
adopted