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Banks cautious about crypto ahead of COVID-19 testimony before US Senate

Governor Gordon, Senator Lummis continue to lead Wyoming s rise in digital realm

(Cheyenne, WY) – Governor Mark Gordon is welcoming news that the Federal Reserve has announced the opening of a comment period for proposed “Account Access Guidelines for the Reserve Banks”, a critical step towards approval of Wyoming-chartered special purpose depository institutions (SPDIs). SPDIs are custodial banks for digital assets that provide safekeeping and on- and off-ramps to the capital markets. Wyoming’s digital asset framework is the first comprehensive digital asset regulations in the United States. Advertisement “Today’s announcement is encouraging news and the culmination of an extended effort where Wyoming took the lead,” Governor Gordon said. “This was an unprecedented task and I appreciate the collaborative work that has occurred throughout the process. I’m committed to ensuring that Wyoming remains a national leader in the digital asset realm.”

US Treasury Announces Key Staff Appointments

US Treasury Announces Key Staff Appointments
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