State Wyoming Financial News

04.05 / 13:59

Blockchain Ethereum Google MasterCard Consensus businesses regulatory Consensus 2023: Businesses show interest in Web3, despite US regulatory challenges

Consensus, the annual crypto and blockchain conference, attracted over 15,000 attendees, 220 sponsors and 410 speakers to its 2023 edition in Austin, Texas, despite recent regulatory struggles around cryptocurrency adoption in the United States.

11.04 / 21:13

Citi Provident Digital Platform BNI Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed

The U.S. state of Wyoming has requested to intervene in the case between Custodia Bank and the Federal Reserve System, seeking to defend its framework allowing certain crypto firms to qualify as state-chartered banks.

23.03 / 13:51

SEC Kraken Silvergate Crypto Exchange Silvergate Bank Suspends Withdrawals Kraken Suspends Automated Clearinghouse Deposits and Withdrawals Due to Silvergate’s Closure – What Does This Mean for Users?

Kraken will suspend automated clearinghouse (ACH) deposits and withdrawals beginning March 27 due to the recent closure of its banking partner Silvergate Bank.

20.03 / 23:33

Binance European Union Banks Congress Court Silicon Valley In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down. SVB Financial Group has filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court. The company is no longer affiliated with Silicon Valley Bank, which operates under the jurisdiction of the Federal Deposit Insurance Corporation (FDIC) and is not included in the Chapter 11 filing. Meanwhile, the United Kingdom arm of the bank was acquired by HSBC for 1 British pound.

14.03 / 15:55

Technology Law Adoption regulation Court Threat rights Wyoming’s private keys bill addresses growing threat to rights and assets

Governor Mark Gordon of the U.S. state of Wyoming recently signed a bill preventing the forced disclosure of private keys in a move to protect the privacy of digital asset owners.

08.03 / 14:29

Blockchain Technology Adoption Binance defi Investments 15 influential women entrepreneurs in Web3

Web3, the next generation of the internet, is an exciting new space creating opportunities for entrepreneurs across various industries. While the field is still somewhat male-dominated, several influential women entrepreneurs are significantly impacting the Web3 space.

07.03 / 16:25

regulation Investing Kraken banking Silvergate Kraken Crypto Exchange to Disrupt Traditional Banking with the Launch of Its Own Bank for Digital Assets – Here's What You Need to Know

Major crypto exchange Kraken is finally putting its feet into the banking waters with the new Kraken Bank.

24.02 / 18:05

Government Adoption Investments us government Pensions Retirement Bitcoin retirement plans elicit caution from regulators

Even as the crypto market continues to forge an impressive recovery from the 2022 bear market, the industry continues to attract the wrath of regulators worldwide, especially in the United States. Three U.S. financial watchdogs recently issued stern warnings to individuals looking to invest in retirement funds offering exposure to digital assets.

16.02 / 10:21

business Blockchain Law Adoption regulation lawmakers Wyoming lawmakers pass bill to prevent forced disclosure of private keys

Wyoming lawmakers have passed a bill that will prohibit courts in the state from forcing someone to disclose their digital asset private keys, with one minor exception.

28.01 / 00:51

Stablecoin regulation Federal Reserve crypto activities Fed policy to align bank oversight could limit crypto activities by state banks

The United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations on banks. The policy seeks to create a level playing field and limit regulatory arbitrage for state banks with deposit insurance, state banks without deposit insurance and national banks, which are overseen by the Office of the Comptroller of the Currency (OCC), by allowing them the same scope of permissible activities.

27.01 / 04:11

Adoption Payments Food Congress Senate US Senator Ted Cruz pushes for crypto in Congress... using snacks

Texan Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food.

21.12 / 12:47

Law regulation regulatory Alaska adds 'virtual currency' to its regulatory regime

From Jan. 1, 2023, the term “virtual currency” will take its place in the money transmission regulations of Alaska. It will oblige the companies dealing with digital currencies to obtain a money transmission license in the state.

10.12 / 14:19

ATM Bitcoin Florida best-prepared US state for widespread crypto adoption: Research

It’s not just pro-crypto regulations but also a supporting infrastructure that allows sustainable crypto adoption in any jurisdiction. Weighing in factors such as the number of Bitcoin (BTC) ATMs, blockchain companies and public interest in cryptocurrencies, Florida comes out as the most crypto-ready state in the United States.

21.11 / 16:21

Stablecoin Adoption SEC security First official DAO in the US to fight SEC without attorneys

The first official decentralized autonomous organization (DAO) in the United States is taking on the Securities and Exchange Commission (SEC) over its 2021 token registrations.

20.11 / 08:45

business SEC legislation American CryptoFed registration at risk as SEC alleges filing anomalies

American CryptoFed DAO, the first decentralized autonomous organization (DAO) to get legal recognition in the United States, is at risk of losing its registration after the U.S. Securities and Exchange Commission (SEC) dug up anomalies in the Form S-1 registration statement dated Sept. 17, 2021.

17.11 / 17:19

business Government education Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases

Collapsed crypto exchange FTX and 130 affiliates filed for bankruptcy in Delaware on Nov 11. Chaos followed as a number of FTX creditors, investors and industry experts began to question what would happen next.

09.11 / 22:55

Congress Elections Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?

Results from many election races for seats in the United States Senate and House of Representatives are still coming in, but a number of candidates who have expressed staunch views on digital asset regulation won on Nov. 8.

06.11 / 17:31

business Blockchain Adoption DeFi at the crossroads of the trucking industry to ensure efficient payments

The trucking industry is one of the most important sectors in the world. According to recent statistics, the global freight trucking market was worth over $2.7 trillion in 2021. In addition, it’s been found that millions of commercial driver’s license holders are employed by trucking companies within the United States, a market that is responsible for delivering 70% of all freight.

03.11 / 21:01

Government regulation DAO Agency Japan's Digital Agency launches DAO to explore DAOs and Web3

The Digital Agency of Japan, aimed at harmonizing nationwide initiatives related to digital transformation, has launched a research decentralized autonomous organization, or DAO, targeting Web3.

31.10 / 22:15

Dash Platform Action Align Cardano price Cardano Price Prediction – Can ADA Reach $10 by 2023?

Cardano’s ADA token has been a beneficiary of the current market rally. However, what are the prospects of the asset hitting the $10 mark by the end of next year?

29.09 / 17:35

Ethereum Provident litecoin Bitcoin Senators U.S. senators propose amendments to cybersecurity bill for crypto firms

U.S. senators Marsha Blackburn and Cynthia Lummis have proposed amending the 2015 Cybersecurity Information Sharing Act that would allow firms engaged in crypto assets and distributed ledger technology (DLT) to share information regarding cyber threats with government agencies.

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