PYMNTS

MAY 29, 2018

Wyoming is trying to position itself as a leader in cryptocurrency and one of the friendliest states when it comes to legislation around crypto companies. That prompted crypto and blockchain companies to register in the state, reported Bloomberg, “This is one of the most exciting things that I have seen in a decade as far as the possibilities,” said David Pope, an accountant and executive director of the Wyoming Blockchain Coalition, in an interview with Bloomberg.

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PYMNTS

JANUARY 22, 2019

In other news, legislators in Wyoming have unveiled a bill that would put forward “an opt-in framework for banks to provide custodial services for digital asset property as directed custodians,” Coindesk reported. Wyoming Blockchain Coalition Co-founder Caitlin Long said, according to the report, ”anything can happen in a legislative process, it’s not done till the governor signs the bill, but it has a lot of momentum behind it and a lot of support.”.

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PYMNTS

NOVEMBER 12, 2019

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”). Tweets posted by Wyoming Blockchain Task Force President Caitlin Long said that the rules include what are reportedly the first-ever regulations for digital asset custodians in areas including forks, airdrops, staking, customer notice requirements and more.

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PYMNTS

JUNE 13, 2019

In other news, Wyoming — America’s least-populous state — has turned its focus on blockchain, attracting a slew of new businesses as a result. The ethos of blockchain and the ethos of Wyoming are very similar,” said Caitlin Long, co-founder of the Wyoming Blockchain Coalition, according to Wired. The results of the new regulations have brought dozens of limited liability blockchain and crypto corporations to Wyoming. “I’ve

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CFPB Monitor

JUNE 5, 2019

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. Thus, unlike Arizona’s sandbox, a person receiving a waiver under the Sandbox Act can be exempted from Wyoming’s civil usury laws.

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Banking Exchange

JUNE 23, 2021

Wyoming bank receives digital services charter as controversy over issuance continues Community Banking Feature3 Feature Compliance. 1Community Banking

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Banking Exchange

JULY 5, 2021

American CryptoFed is the country’s first decentralized autonomous organization Compliance Technology Feature3 Feature Cryptocurrency Blockchain Bitcoin. 1Compliance

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American Banker

SEPTEMBER 16, 2020

The company, which left New York in 2015 to avoid its regulations on virtual currencies, has found a more welcoming state. Fintech Digital currencies Blockchain Bitcoin

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PYMNTS

SEPTEMBER 16, 2020

On another note, digital currency exchange Kraken has received the go-ahead from the Wyoming Banking Board for a special purpose depository institution (SPDI) charter, Coindesk reported.

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American Banker

SEPTEMBER 14, 2021

Credit unions

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PYMNTS

FEBRUARY 20, 2019

On another note, legislators in Wyoming recently passed multiple bills related to digital currency, Coindesk reported. Digital currency exchange Binance , which has approximately $1 billion in trading volumes each day, rolled out a decentralized trading service (dex), according to reports. With the concept of a dex, users can trade using their wallets instead of transferring their digital currency into a crypto exchange.

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American Banker

APRIL 25, 2022

Innovation Technology Cryptocurrencies

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American Banker

NOVEMBER 22, 2021

Community banking M&A

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American Banker

APRIL 6, 2021

Credit unions Wyoming Marketing Branding

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American Banker

APRIL 18, 2021

Senate Banking Committee Federal Reserve Bitcoin Cryptocurrencies

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American Banker

APRIL 16, 2021

Digital currencies Innovation

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PYMNTS

JULY 26, 2020

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.

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Payments Source

JULY 3, 2019

Fintech regulations CFPB OCC Utah Arizona WyomingUtah this week became the third state to let companies test cutting-edge financial products without fear of violating licensing and other regulations.

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American Banker

JANUARY 14, 2020

Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits. Community banking Credit unions M&A Branch deals Colorado Ohio Wyoming

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CCG Insights

JULY 11, 2019

Utah has joined Arizona and Wyoming in establishing a fintech sandbox, a tool for financial innovators to create new products while being partially shielded from regulatory issues. Banker in the Know CCG Catalyst Arizona Compliance fintech regtech Regulations sandbox Utah WyomingArizona led the. The post Utah Becomes the Third State to Establish a Fintech Sandbox appeared first on CCG Catalyst Consulting Group.

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American Banker

JANUARY 14, 2020

The San Francisco bank is also bulking up in Florida and Wyoming, no-tax states where many of its affluent clients have retired or have second homes. Branch management Earnings High net worth New York Florida Wyoming

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PYMNTS

MAY 29, 2018

Wyoming Lures Crypto Companies With Friendly Laws. News AI Asia Blockchain cryptocurrency FinTech Five at Five india QR codes Rocket Internet trucking industry WhatsApp WyomingRocket Internet Eyes AI, FinTech Investments. Citing comments that Rocket Internet made after reporting earnings Tuesday (May 29), Reuters reported that CEO Oliver Samwer wants to invest in the tech sector, but didn’t offer a time frame as to when the company will deploy its cash.

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PYMNTS

MARCH 8, 2018

And Wyoming recently passed a law that would make some digital coins exempt from regulation, TechCrunch reported. Bitcoin Altcoins bitcoin Blockchain CFTC Commodity cryptocurrency litecoin Money Tap News regulation SEC What's Hot WyomingBitcoin’s price staggered on Wednesday (March 7), Reuters reported.

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BankDeals

SEPTEMBER 4, 2020

First State Bank Nebraska offers its First Rate Checking with competitive rates to residents of Colorado, Iowa, Kansas, Missouri, Nebraska, South Dakota, and Wyoming

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American Banker

FEBRUARY 4, 2021

Steve Daines of Montana, Bill Hagerty of Tennessee and Cynthia Lummis of Wyoming are joining the panel for the 117th Congress. Senate Banking Committee Election 2020 Sherrod Brown

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American Banker

JANUARY 29, 2021

A rule change that allows farms with just one employee tap the Paycheck Protection Program means more pandemic relief funds are flowing into such states as Nebraska, Oklahoma, Wyoming and North Dakota.

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Payments Source

JANUARY 14, 2019

Today: German court rules against Amazon Dash; Georgetown professor says shutdown's hurting fintech; Sandbox advances in Wyoming; Yapstone hires former Amazon Pay executive. The information you need to start your day, from PaymentsSource and around the Web. Briefing

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BankDeals

MAY 26, 2021

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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Payments Source

FEBRUARY 21, 2019

firms; Wyoming pushes crypto laws; Citymapper adds prepaid card; Paytm hires former Amazon exec; Bluefin gets PCI certification. The information you need to start your day, from PaymentsSource and around the Web. Today: Dutch central bank's processing PSD2 licenses for U.K. Briefing

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American Banker

NOVEMBER 5, 2020

Founder Caitlin Long says the blockchain bank plans to issue a virtual currency and help hedge funds and family offices trade digital assets now that it has a special-purpose banking charter in Wyoming. Blockchain Digital currencies Bitcoin Distributed ledger technology

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American Banker

SEPTEMBER 18, 2020

Wells Fargo provides few updates on growth; why some banks are aggressively cutting costs and others aren’t; crypto exchange Kraken receives Wyoming bank charter; and more from this week’s most-read stories

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Wyoming 29

PYMNTS

OCTOBER 12, 2020

while cryptocurrency exchange Kraken Financial won a bank license in Wyoming last month, and state financial regulators have had a contentious debate with OCC regulators over a special charter for FinTech firms.

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PYMNTS

DECEMBER 17, 2020

A coalition of 38 state attorneys general filed an antitrust lawsuit against Google , accusing the search giant of engaging in anti-competitive practices, the Associated Press (AP) reported on Thursday (Dec. The federal lawsuit was filed in Washington, D.C.

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PYMNTS

AUGUST 14, 2020

Initially, the loans are available in the following states via the waitlist: Alaska, Arkansas, Connecticut, Florida, Georgia, Illinois, Massachusetts, New Hampshire, New Jersey, North Carolina, Oregon, Texas, Virginia, Nebraska, Utah, Wisconsin and Wyoming.

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PYMNTS

DECEMBER 9, 2020

Square Appointments on Square Register is the perfect solution for our salon since we can now do everything all in one place whereas before we were having to use multiple devices,” said Teresa Kuhbacher, owner of Lil’ Tiffany’s Spa in Gillette, Wyoming.

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