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Bitcoin Daily: Ant Financial Starts Pilot For SMB Blockchain Network; Wyoming Announces Regulations For Crypto Custodians

PYMNTS

“While the blockchain is open to developers and institutions from all over the world, we will be cautious in terms of selecting nodes on the platform,” Jieli Li, senior director of technology and business innovation at Ant Financial, said in reports. This is the company’s latest move in the blockchain market.

Wyoming 101
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Avanti Plans Real-Time Settlement Solution For Corporate Treasurers

PYMNTS

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. Avanti made its Wyoming intentions clear in February. ”

Wyoming 153
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Bitcoin Daily: Public Blockchain Cardano Developing Chip That Creates Cash-Like Crypto; Brazil Probes Banks Turning Away Crypto Firms; Albania Proposal To Regulate All Crypto

PYMNTS

Charles Hoskinson, founder of IOHK , which makes Cardano, said in a recent Cointelgraph interview that the crypto-native chip is being created at the IOHK lab at the University of Wyoming. Albania’s Parliament has signed a comprehensive law to regulate the conditions for licensing all activity of cryptocurrency in the country.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI).

Lending 150
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Data Dive, Supersize Edition: Warby Parker, Whole Foods And WhatsApp

PYMNTS

Indian regulation requires all payments data be processed in-nation — instead of on Facebook’s servers. I think it’s safe to say it’s pretty important for us to launch payments in India,” said one person close to the company of the current stalemate of WhatsApp’s delayed entry into the market. Warby Parker Sees Hack ers.

Data 139
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How the OCC is building Crypto America

Lex Sokolin

They have not been distributed by fiduciaries to the mass market. Selling a diversified, cheap asset allocation as your core investment is a stable market equilibrium. American financial regulation is an alphabet soup, and has grown out of politics and crises. It is logic. It is statistics. It is math incarnate.

America 52
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How the OCC is building Crypto America

Lex Sokolin

They have not been distributed by fiduciaries to the mass market. Selling a diversified, cheap asset allocation as your core investment is a stable market equilibrium. American financial regulation is an alphabet soup, and has grown out of politics and crises. It is logic. It is statistics. It is math incarnate.

America 52