article thumbnail

Bitcoin Daily: FDA Pegs Walmart, IBM For Blockchain Pilot; Wyoming State Embraces Blockchain

PYMNTS

Drug Supply Chain Security Act requirements will help us do just that.”. In other news, Wyoming — America’s least-populous state — has turned its focus on blockchain, attracting a slew of new businesses as a result. However, while these companies might be legally based in Wyoming, most aren’t located in the state.

Wyoming 109
article thumbnail

Wyoming creates fintech sandbox

CFPB Monitor

Earlier this year, Wyoming became the second state to create a financial technology (fintech) sandbox by enacting the “ Financial Technology Sandbox Act ” (Sandbox Act). The provisions requiring Wyoming’s Banking Commissioner and Secretary of State to adopt implementing regulations became effective on February 19, 2019.

Wyoming 60
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Daily: Binance Rolls Out Decentralized Exchange; Wyoming Legislators Pass Multiple Crypto Bills

PYMNTS

On another note, legislators in Wyoming recently passed multiple bills related to digital currency, Coindesk reported. The legislative body also passed HB0185, which allows for the issuance of securities in the form of tokens, and HB0074 to address the challenges of banking for digital currency startups.

Wyoming 134
article thumbnail

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
article thumbnail

Square Offers Beauty Sector Online Booking, POS Tool

PYMNTS

Square is offering merchants in the beauty and wellness industry a point of sale (POS) tool that integrates appointments, payments and checkout for a streamlined, secure process. . Square Appointments is a front desk solution that works with the business payments processing tool Square Register.

Tools 283
article thumbnail

Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

PYMNTS

With today’s announcement, we want to give our customers even more control over their crypto investments, while offering secure access to cash at the same time,” Thorsten Jaeckel , product manager for Coinbase, wrote on the blog. The maximum loan is $20,000 at 8 percent for one year with no credit check.

Bitcoin 268
article thumbnail

Who Should Lead The Digital ID Push?

PYMNTS

Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. There’s no question the world is moving in a digital direction. Department of Commerce.

Wyoming 136