Texas Finance Code

§ 160.004 — DUTIES OF DIGITAL ASSET SERVICE PROVIDERS

FI § 160.004Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 160. DIGITAL ASSET SERVICE PROVIDERS

(a)Except as provided by this chapter, a digital asset service provider may not:

(1)commingle customer funds with funds belonging to the digital asset service provider, including the digital asset service provider's:

(A)operating capital;

(B)proprietary accounts;

(C)digital assets;

(D)fiat currency; or

…

Legislative history

Added by Acts 2023, 88th Leg., R.S., Ch. 419 (H.B. 1666), Sec. 1, eff. September 1, 2023.