Minnesota Becomes Latest State to Embrace Crypto Banking

Minnesota crypto custody law lets banks and credit unions hold digital assets from Aug. 1, as the state crypto ATM ban also starts that day.

Minnesota-based banking institutions and credit unions will be authorized to provide digital asset custody services in a nonfiduciary capacity as of Aug. 1.

Minnesota Gov. Tim Walz signed HF 3709 into law this past week, authorizing state-chartered banks and credit unions to hold bitcoin and other virtual currencies on behalf of customers. State-Chartered Banks in Minnesota Will Be Able to Custody Bitcoin Under New Law The legislation, now Chapter 93 of the 2026 Session Laws, takes effect Aug. […]

Standard Chartered will absorb Zodia Custody’s regulated business and spin out Zodia Solutions as banks build crypto custody in-house.

The proposal could enhance credit unions' competitiveness in digital finance but may strain smaller institutions' resources and compliance capabilities. The post National Credit Union Administration proposes stablecoin issuer standards appeared first on Crypto Briefing.

The post Mitsui & Co. Digital Asset Management launches Japan’s first land-backed digital security appeared on BitcoinEthereumNews.com. Japan just got its first digital security backed entirely by land rights, not a building, not a revenue stream from tenants, but the dirt itself. Mitsui & Co. Digital Asset Management has tokenized the leasehold interest beneath AEON Omiya, a large commercial facility in Saitama City, creating a new category of regulated real-world asset security in Asia’s second-largest economy. The underlying land is valued at approximately ¥8.6 billion, or roughly $55.6 million. Investors can buy in for as little as ¥100,000, which comes out to about $647, and the product carries an expected pre-tax annual yield of 3.4%. How the deal is structured The tokens are issued through the ALTERNA platform, which runs on a permissioned blockchain called “ibet for Fin.” It’s a private, regulated blockchain designed specifically for financial instruments in Japan. Legally, the

AI's role in crypto recovery highlights its potential in digital asset management, raising ethical questions about privacy and security. The post Investor recovers $395K in Bitcoin after Claude cracks decade-old wallet lockout appeared first on Crypto Briefing.

This innovation could reshape Japan's investment landscape, offering new opportunities while introducing unique risks tied to land-use rights. The post Mitsui & Co. Digital Asset Management launches Japan’s first land-backed digital security appeared first on Crypto Briefing.