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Interview ..... Kraken Financial Cryptocurrency Bank Charter .....

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planetaryfuture   Saturday, 09/19/20 02:38:09 AM
Re: planetaryfuture post# 21591
Post # of 21651 
Interview ..... Kraken Financial Cryptocurrency Bank Charter .....

Appears to be truthful reporting of timely and remarkable cryptocurrency Banking NEWS !!! .....

Well worth a thoughtful read !!! ..... from my perspective .....

Quote:
By ..... BENJAMIN PIRUS ..... September 17, 2020

Interview: Caitlin Long and David Kinitsky on crypto's big win with Kraken Financial bank charter


Quote:
Long agreed with Kinitsky, noting Wyoming's 27-month journey to the first regulated crypto-native bank. "This is not a short-term project," she said. "It has taken a lot of work to get to this point." Long herself was deeply involved in helping to push for the Wyoming regulation, as she co-founded the Wyoming Blockchain Coalition, and was appointed to the Blockchain Task Force by Governor Matt Mead and Governor Mark Gordon.

After the dashed expectations of 2017, during which the Initial Coin Offering sparked a retail investor frenzy in the crypto industry, regulators stepped in, seeing a need for tighter restrictions on the sector. Some regulation has stifled innovation, according to critics, although Wyoming has pushed forward in an effort to provide the best of both worlds — protection through regulation, as well as the freedom for innovation to flourish.

UPDATE Sept. 18, 13:04 UTC: This article has been updated.



https://cointelegraph.com/news/interview-caitlin-long-and-david-kinitsky-on-crypto-s-big-win-with-kraken-financial-bank-charter

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