Nebraska bill to allow banks to offer crypto services passes to final round
Nebraska could follow Wyoming and open its first crypto bank should the bill pass the final round. Go to Source Powered by WPeMatico
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Nebraska could follow Wyoming and open its first crypto bank should the bill pass the final round. Go to Source Powered by WPeMatico
The bill already signed into law legalizes online sports betting in the state with bookmakers permitted to accept cryptocurrency deposits from bettors. Go to Source Powered by WPeMatico
The digital asset bank will be aimed at institutional investors only, and there is no exchange planned. Go to Source Powered by WPeMatico
One business and law professor has argued that Wyoming’s liberal blockchain law could help the state compete with Delaware in the business incorporation arena. Go to Source Powered by WPeMatico
While Wyoming was luring crypto businesses, such as Ripple Labs, New York’s AG was bringing enforcement action against Bitfinex. Go to Source Powered by WPeMatico
“More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws,” said Caitlin Long. Go to Source Powered by WPeMatico
Saying the state has “the best laws for digital assets” in the United States, Senator Lummis asked the Tesla CEO if he would consider relocating. Go to Source Powered by WPeMatico
Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator. Go to Source Powered by WPeMatico
“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry,” said Caitlin Long. Go to Source Powered by WPeMatico
Avanti CEO and Kraken Financial Managing Director discuss Wyoming’s progressive steps in blockchain regulation Go to Source Powered by WPeMatico