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

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“While the blockchain is open to developers and institutions from all over the world, we will be cautious in terms of selecting nodes on the platform,” Jieli Li, senior director of technology and business innovation at Ant Financial, said in reports. This is the company’s latest move in the blockchain market.

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Avanti Plans Real-Time Settlement Solution For Corporate Treasurers

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Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. Avanti made its Wyoming intentions clear in February. ”

Wyoming 153
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World Central Bankers Discuss Alternatives To The Dollar

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The Jackson Hole, Wyoming, conference was comprised of current and former central bankers, including Bank of England Governor Mark Carney , who has challenged the dollar’s position as the world’s reserve currency. “The While the private service has a large part to play in this market, the Fed’s size, scale and long history in the U.S.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

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Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI).

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Bitcoin Daily: Public Blockchain Cardano Developing Chip That Creates Cash-Like Crypto; Brazil Probes Banks Turning Away Crypto Firms; Albania Proposal To Regulate All Crypto

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Charles Hoskinson, founder of IOHK , which makes Cardano, said in a recent Cointelgraph interview that the crypto-native chip is being created at the IOHK lab at the University of Wyoming. Albania’s Parliament has signed a comprehensive law to regulate the conditions for licensing all activity of cryptocurrency in the country.

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Digital License Plates Vie For Place In Connected Car Ecosystem

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The plates also offer geo-fencing technology that, at least for now, is meant to track “government or business vehicles,” though it could soon help with automated parking and serve as a conduit for marketing tasks. The technology could have a significant role in the connected vehicle ecosystem, and in the rise of smart cities.

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Who Should Lead The Digital ID Push?

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The digital identity verification market is projected to reach $12.8 States like Colorado, Delaware, Idaho, Maryland, Wyoming and even the District of Columbia are currently testing or have already piloted the use of digital drivers’ licenses. There’s no question the world is moving in a digital direction. Department of Commerce.

Wyoming 136