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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. But in the last two years just in crypto I’ve seen it multiple times.”

Wyoming 101
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Bitcoin Daily: US Sanctions Two Russians For Alleged $16.8M+ Crypto Theft; Bahamas' Sand Dollar To Launch; Kraken Gets Go-Ahead For Wyoming Bank Charter

PYMNTS

Those who have the currency will have the capacity to conduct company or peer-to-peer transactions with their cell phones, and they reportedly will not have to be online to do so, after the technology is in operation.

Wyoming 138
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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
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'Just a kid from Wyoming': Caitlin Long fights for regulated crypto

American Banker

Long, founder and CEO of Custodia Bank, has pushed for digital-asset regulation in her home state of Wyoming. Now she's working on a national scale.

Wyoming 56
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Wyoming community bank winds down fintech program

American Banker

The Federal Reserve issued an enforcement action against Mode Eleven Bancorp, the holding company for Summit National Bank, which engages in banking-as-a-service.

Wyoming 73
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Bitcoin Daily: Binance Rolls Out Decentralized Exchange; Wyoming Legislators Pass Multiple Crypto Bills

PYMNTS

Binance CEO Changpeng “CZ” Zhao in an announcement for the launch, “With the core Binance Chain technology, Binance DEX can handle the same trading volume as Binance.com is handling today. On another note, legislators in Wyoming recently passed multiple bills related to digital currency, Coindesk reported.

Wyoming 134
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State of Wyoming Recognizes ‘CryptoFed’

Banking Exchange

American CryptoFed is the country’s first decentralized autonomous organization Compliance Technology Feature3 Feature Cryptocurrency Blockchain Bitcoin.

Wyoming 78