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

PYMNTS

This is the company’s latest move in the blockchain market. In other news, the state of Wyoming has released several new custody rules focused on its special purpose depository institutions (SPDIs) (also known as “blockchain banks”). But in the last two years just in crypto I’ve seen it multiple times.”

Wyoming 101
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How a Wyoming credit union is doing more lending despite lower demand

American Banker

Consumer appetites for new loans have slowed in the face of record interest rates, but Sunlight Federal Credit Union's partnership with Avana Capital helps identify commercial real estate opportunities in markets both local and national.

Wyoming 81
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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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Revolut Likely To Apply For US Bank Charter

PYMNTS

The nature of the market for FinTech startups breaking into the larger U.S. market for financial institutions is fragmented, with the most successful coming from ones like Chime and Current, which partnered with existing banks in order to make their offerings. with interstate agreements, according to the unnamed source, CNBC reports.

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Four Points FCU's Unique Money Market And Checking Accounts

BankDeals

Four Points Federal Credit Union's field of membership includes all residents of Colorado, Iowa, Kansas, Missouri, Nebraska, South Dakota, and Wyoming.

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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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World Central Bankers Discuss Alternatives To The Dollar

PYMNTS

The Jackson Hole, Wyoming, conference was comprised of current and former central bankers, including Bank of England Governor Mark Carney , who has challenged the dollar’s position as the world’s reserve currency. While the private service has a large part to play in this market, the Fed’s size, scale and long history in the U.S.