Wyoming

Commercium Financial Becomes Fourth Wyoming-Chartered Crypto Bank

None of the chartered applicants have received a certificate of authority to operate yet, however.

Business  ·  11 August 2021

Regulators Everywhere Should Follow Wyoming’s DAO Law

Wyoming's world-first law on DAOs is the start of recognizing these legal entities worldwide, says a lawyer specializing in such arrangements.

Opinion  ·  8 July 2021
Cynthia Lummis

Senator Lummis’ Financial Innovation Caucus to Launch Tuesday

“We have to do a great deal more” to clarify the U.S. cryptocurrency regulatory framework, Wyoming's Cynthia Lummis said.

News  ·  24 May 2021
Banking

Nebraska Legislature Approves Framework for Digital Asset Banks

If signed by the governor, the legislation would create a state charter for crypto banks.

Policy & regulation  ·  21 May 2021
Federal Reserve

US Federal Reserve Proposes Guidelines for ‘Novel’ Banks That Want Access to Fed Payments

The guidelines would have a direct bearing on Wyoming special purpose depository institutions that want access to Fed payments, said U.S. Sen. Cynthia Lummis.

News  ·  5 May 2021
Ethereum

State Lawmaker Explains Wyoming’s Newly Passed DAO LLC Law

Wyoming DAO LLCs have to be domiciled in the state, which could be a point of confusion for denizens of the decentralized web.

Policy & regulation  ·  22 April 2021
Wyoming

Wyoming’s New Online Sports Betting Law OKs Crypto Wagers

Pro-blockchain lawmakers in the state have made cryptocurrency inclusion a natural feature of their legislative agenda.

Policy & regulation  ·  7 April 2021
Venture Capital

Caitlin Long’s Avanti Raises $37M Ahead of Crypto Bank Launch

The digital bank will put the extra cash toward meeting Wyoming regulators’ pre-launch capital requirements.

Business  ·  25 March 2021
DAOs

Wyoming Bill to Recognize DAOs as Companies Approved by Senate Committee

The bill now proceeds to a vote in the Wyoming House of Representatives.

News  ·  10 March 2021
Blockchain

State of Wyoming Introduces Bill for Blockchain Filing System

Under the act, the state would implement a new filing system to "use blockchain technology as the the technological framework for the system," by the end of 2021.

News  ·  25 February 2021
Custody

The SEC Is Still Working Out What ‘Qualified Custodian’ Means for Crypto

The SEC’s recent statement about qualified custodians shows the federal agency is still puzzling out important questions for the crypto space.

Policy & regulation  ·  16 November 2020
Newsletters

Crypto Long & Short: Wyoming Is Crypto’s ‘Wild West,’ Which Is Exactly What We Need

An innovative region far from the center of financial power is taking meaningful steps towards reforming finance from the edges.

Policy & regulation  ·  1 November 2020
Banking

Why Wyoming’s Governor Supports the State’s Crypto Banking Law

Keeping Wyoming's lead in crypto banking is a priority of the state's top elected official, Gov. Mark Gordon.

Policy & regulation  ·  26 October 2020
Chainalysis

Wyoming Bank Regulator Taps Chainalysis to Boost Crypto Tracing Efforts

The Wyoming Division of Banking will receive training and two software licenses from blockchain intelligence firm Chainalysis.

News  ·  17 September 2020
Banking

Kraken Becomes First Crypto Exchange to Charter a US Bank

On Wednesday, the Wyoming Banking Board voted to approve Kraken’s bank charter application. Kraken is the first SPDI bank in Wyoming.

Business  ·  16 September 2020