Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law.
Wyoming's crypto-friendly Avanti Financial expects to open its doors this October with a new bank-issued digital asset, the Avit.
Crypto bank Avanti has raised an angel round from the University of Wyoming Foundation, Anthony Pompliano’s Morgan Creek Digital and other investors.
Wyoming U.S. Senate candidate Cynthia Lummis says bitcoin's store-of-value appeal has never been stronger. So she continues to HODL.
Medici Land Governance has inked a deal to build a blockchain-based land registry for Carbon County, Wyoming – its second such deal in the state.
A new crypto bank tries to address some of the most fundamental issues for institutions who want to get into the space.
A Wyoming corporation founded by Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking.
The blockchain center at the University of Wyoming will feature a Plutus development facility, providing blockchain developers with an applied laboratory for writing code in cardano's smart-contract language.
An SPDI charter offered in Wyoming lets U.S. firms offer banking and custody services under a regulator that’s not the FDIC, but the application and capital requirements are as rigorous as launching a de novo state-chartered bank.
The cryptocurrency exchange has opened up a position for someone to oversee operations for the firm’s future Wyoming SPDI bank charter.
State policymakers want Colorado to be the new Wyoming, creating friendly legislation to draw crypto companies.
The U.S. state of Wyoming has passed several bills aimed to make the state a top destination for cryptocurrency and blockchain businesses.
Wyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services.
Lawmakers from the U.S. state of Wyoming have introduced legislation proposing the issuance of tokenized stock certificates using blockchain tech.
A Wyoming legislature committee has approved a regulatory sandbox bill, sending it to the full House for a vote.