Tag: wyoming

Aug 16 2022

Crypto Banks Set To Receive Master Accounts From Fed

Wyoming's crypto banks are expected to face the greatest scrutiny under the U.S. Federal Reserve Board's established tiered rules for awarding Federal Reserve accounts. The U.S. Federal Reserve Board said on Monday that it has reached a consensus on the criteria reserve crypto banks must take into consideration when evaluating requests for Federal Reserve accounts […] The post...

Dec 23 2021

Senator Lummis To Propose New Bitcoin Bill Next Year

The bill would establish a clearer framework for U.S. regulators to deal with Bitcoin and cryptocurrency.Senator Lummis is planning to introduce a detailed bill on Bitcoin and crypto next year.The bill would provide guidelines for categorizing digital assets and create a new regulatory agency to oversee the cryptocurrency market.Pro-bitcoin U.S. Senator Cynthia Lummis is preparing to...

Nov 29 2021

Wyoming Aiming For 5% Of The U.S. Bitcoin Mining Hashrate By Next Halvening

Wyoming is a potential hotspot for bitcoin mining, with the state’s abundance of natural resources and energy.Wyoming is on a mission to house 5% of the U.S. Bitcoin mining hashrate by the next halvening in May 2024. This goes hand-in-hand with Wyoming’s strengths and aligns well with economic development and job creation goals. For context, Wyoming has the lowest population...

Sep 11 2021

Aug 30 2021

Will Avanti, A Digital Asset Bank, Become a Federal Reserve Member Bank?

Avanti already has a special purpose bank charter in Wyoming, but they want more. The organization is applying to become a Federal Reserve member bank. If granted, Avanti will be subject to the “very same regulatory capital, compliance and supervisory examination standards that apply to traditional banks.” That goes in line with how they define...

Aug 13 2021

Favorable Regulation, Abundant Energy Turning Wyoming Into A Bitcoin Hub

Clear, welcoming regulation, abundant energy sources are among the main two reasons why Wyoming is becoming the next big Bitcoin state.Friendly and precise regulation, abundant energy sources, and a thriving innovation landscape drive Wyoming to become the next bitcoin state. CNBC talked with Avanti...

Jul 16 2021

Is Nuclear Power The Future Of Bitcoin Mining?

As the bitcoin mining industry grapples with criticism over its energy use, nuclear power is emerging as its source of the future.The Bitcoin network’s share of global carbon dioxide emissions is only about 0.13% of the global annual total — approximately 47 million tons of a rough total 37 billion tons, by some estimates. But...

Jul 13 2021

Can a DAO Go to Court? According to Two DAO Legal Experts… Probably

Jul 13 2021 Published at Unchained Podcast under tags  2021 bitcoin curve dao ethereum

Aaron Wright, co-founder of OpenLaw and Professor at Cardozo Law, and Ross Campbell, SushiSwap core developer and LexDAO contributor, discuss the latest breakthroughs and legal implications in the burgeoning world of DAOs. Show highlights: how Aaron and Ross fell down the crypto rabbit hole...

Jul 10 2021

Jun 15 2021

These U.S. States Want Your Bitcoin Mining Business

Several U.S. states, including Texas, Wyoming and Illinois, are actively vying to attract bitcoin mining businesses.While China seems serious about shutting down its bitcoin mining sector, Iran’s government is closing down some...

Apr 02 2021

Michael Jordan’s NFT Investment

Apr 02 2021 Published at Unchained Podcast under tags  bitcoin blackrock blockchain btc crypto

PLUS: Goldman Sachs to offer clients bitcoin! With Bitcoin hovering just below $60k and Ethereum sitting just under $2k, it looks like April could be another bullish month in the crypto industry. In lieu of a typical introduction summarizing the week’s news, I am going to embed a tweet from the @Unchained_pod, the new Twitter handle for all Unchained content. Click the link...

Mar 12 2021

A $69 Million NFT

PLUS: Could EIP 1559 Cause a Fork? NFTs continued to catch the crypto industry’s imagination this week, as headlined by Beeple’s “Everydays” sale at Christie’s Auction House in New York. The cliche goes that a picture is worth a thousand words, although, with the latest sale of the “Everydays” NFT, we may have to readjust our math now that we know 5,000 images...

Mar 11 2021

Wyoming Moves to Grant DAOs Legal Status & Exclude Tokens from Securities Regs

Mar 11 2021 Published at Blockonomi under tags  dao legal regulation sec wyoming

Wyoming, the state in the United States, has introduced legislation to create crypto regulations. The new law would grant Crypto DAOs legal approval and exclude digital tokens from being considered a form of securities, which could shape future legislation. Warren Davidson Re-introduces “Token Taxonomy Act” for Crypto Regulations After two failed attempts to introduce legislation [...] The post Wyoming Moves to Grant DAOs...

Mar 10 2021

Wyoming One Step Closer to Passing Landmark DAO Law

Mar 10 2021 Published at Crypto Briefing under tags  business dao laws wyoming

Wyoming lawmakers today came closer to putting a law into place that would grant company status to decentralized autonomous organizations (DAOs). At the Wyoming Legislature's Corporations, Elections & Political Subdivisions Meeting, the Senate approved...

Mar 02 2021

Caitlin Long: Why Avanti Will Be a New Kind of Crypto Bank

Mar 02 2021 Published at Unchained Podcast under tags  2021 avanti bitcoin blockchain btc

Caitlin Long, founder and CEO of Avanti Financial Group, talks about the issues plaguing the current state of technology in traditional finance and how her background as a 22-year Wall Street veteran, gubernatorial appointee to the Wyoming Blockchain Task Force, and crypto pioneer is helping her shape Avanti into a bridge between conventional banking and crypto. Tune in to hear Caitlin discuss:...

Nov 18 2020

Nov 16 2020

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.

Oct 28 2020

Avanti Bank Launches

Oct 28 2020 Published at Bitcoin Magazine under tags  avanti regulation wyoming

Avanti Bank & Trust has been granted a bank charter by the Wyoming State Banking Board today following a unanimous vote, per an announcement from the company. “Avanti’s mission is to provide a compliant bridge between the traditional and digital asset financial systems, with the strictest level of institutional custody standards,” said Caitlin Long,...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: