Wyoming news and trends

Wyoming Aims to Launch US Dollar-Backed Stablecoin in 2025
Cryptocurrency // August 23, 2024

Wyoming is reportedly developing its own U.S. dollar-backed stablecoin to be used for consumer payments. The state plans to launch the Wyoming Stable Token in the first quarter of 2025, CNBC reported Friday (Aug. 23). “It is clear to me that digital assets are going...

Bitcoin Daily: Crypto Bank Anchorage Raises $80 Million; Wyoming Proposes Blockchain Filing System Bill
Bitcoin // February 25, 2021

San Francisco-based crypto custody firm Anchorage, recently cleared as a bank, has raised $80 million in a Series C funding round, according to CoinDesk. The round was led by GIC, Singapore’s sovereign wealth fund. Andreessen Horowitz (a16z), Blockchain Capital, Lux and Indico also took part,...

Avanti Plans Real-Time Settlement Solution For Corporate Treasurers
B2B Payments // July 26, 2020

Avanti Financial Group said in a press release that it could begin operating as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. Avanti’s bank charter application has been accepted by the Wyoming Division of Banking, according...

Bitcoin Daily: Ant Financial Starts Pilot For SMB Blockchain Network; Wyoming Announces Regulations For Crypto...
Bitcoin // November 13, 2019

Alipay’s Ant Financial announced that it is moving into the pilot stage for its blockchain network — Ant Blockchain Open Alliance, which was created to help small and medium-sized businesses. There are then plans to go live three months later. “While the blockchain is open to...

Quick Reads
Wyoming Aims to Launch US Dollar-Backed Stablecoin in 2025

August 23, 2024
Wyoming is reportedly developing its own U.S. dollar-backed stablecoin to be used for consumer payments. The state plans to launch the Wyoming Stable Token in the first quarter of 2025, CNBC reported Friday (Aug. 23). “It is clear to me that digital assets are going to have a future,” Wyoming Governor Mark Gordon told CNBC […]

Bitcoin Daily: Crypto Bank Anchorage Raises $80 Million; Wyoming Proposes Blockchain Filing System Bill

February 25, 2021
San Francisco-based crypto custody firm Anchorage, recently cleared as a bank, has raised $80 million in a Series C funding round, according to CoinDesk. The round was led by GIC,...

Bitcoin Daily: Ant Financial Starts Pilot For SMB Blockchain Network; Wyoming Announces Regulations For Crypto...

November 13, 2019
Alipay’s Ant Financial announced that it is moving into the pilot stage for its blockchain network — Ant Blockchain Open Alliance, which was created to help small and medium-sized businesses. There...

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

June 14, 2019
IBM, KPMG, Merck, and Walmart announced that they have been selected by the United States Food and Drug Administration (FDA) for a pilot program that addresses requirements to identify, track...