• OCC banks cannot discriminate crypto
    Cryptocurrencies,  Politics,  Regulation

    Treasury Dept says banks cannot discriminate against industries like crypto

    Acting Comptroller of the Currency Brian Brooks, a former Coinbase executive, issued another ruling aiding cryptocurrency companies

    Targeting one of the cryptocurrencies biggest complaints, the Office of the Comptroller of the Currency proposed a rule on Nov. 20 that would require banks to “provide access to services, capital, and credit based on the risk assessment of individual customers, rather than broad-based decisions affecting whole categories or classes of customers.”

  • Avanti unveils advisors
    Cryptocurrencies,  People

    ‘A new type of bank’: Avanti Financial Group moves forward

    With a trio of influential advisors and an oversubscribed angel funding round, the Wyoming-based financial group is vowing ‘to serve the digital asset industry by offering solutions that can only be provided in the U.S. by a regulated bank’

    Wall Street veteran turned Wyoming Blockchain Coalition co-founder Caitlin Long’s fledgling digital asset-focused bank has enlisted a veteran cryptographer, and experienced regulator and Fidelity Digital Assets’ lead blockchain architect.

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