{"id":99878,"date":"2020-10-29T00:49:51","date_gmt":"2020-10-28T21:49:51","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/avanti-launches-crypto-friendly-bank-in-wyoming\/"},"modified":"2020-10-29T00:49:51","modified_gmt":"2020-10-28T21:49:51","slug":"avanti-launches-crypto-friendly-bank-in-wyoming","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/avanti-launches-crypto-friendly-bank-in-wyoming\/","title":{"rendered":"# Avanti launches crypto-friendly bank in Wyoming"},"content":{"rendered":"<p>&#8220;<strong># Avanti launches crypto-friendly bank in Wyoming <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTAvZTY4ZDg3ZjYtZTI3Yi00ZWU3LTgxNDktNTQ2ZmMxZTdjOTg0LmpwZw==.jpg\" \/><\/p>\n<div data-v-5a136f3a=\"\">According to an Oct. 28 announcement from Avanti, The Wyoming State Banking Board <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/avantibank.com\/bank-charter-granted\/\">voted<\/a> 8-0 to grant the financial institution a bank charter. The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roval will allow Avanti to operate the new crypto-friendly bank under the name Avanti Bank &amp; Trust as well as its \u201ctokenized U.S. dollar\u201d Avit, designed to modernize USD payments. <\/p>\n<p>Avanti said it planned to open for customers in early 2021, but will be limited to high minimum balance accounts. Retail clients will have to wait.\u00a0<\/p>\n<p>\u201cAvanti\u2019s mission is to provide a compliant bridge between the traditional and digital asset financial systems, with the strictest level of institutional custody standards,\u201d said Avanti founder and CEO Caitlin Long:<\/p>\n<blockquote><p>\u201cCurrently the only type of U.S. financial institution that can provide final and simultaneous settlement of trades between digital assets and the U.S. dollar \u2014 because it is the only type currently approved to handle both within the same legal entity \u2014 is a Wyoming special purpose depository institution like Avanti.\u201d <\/p><\/blockquote>\n<p><em>This story is developing and will be updated.<\/em><\/p>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/avanti-launches-crypto-friendly-bank-in-wyoming\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Avanti launches crypto-friendly bank in Wyoming &#8221; According to an Oct. 28 announcement from Avanti, The Wyoming State Banking Board voted 8-0 to grant the financial institution a bank charter. The approval will allow Avanti to operate the new crypto-friendly bank under the name Avanti Bank &amp; Trust as well as its \u201ctokenized U.S&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":99879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-10\/e68d87f6-e27b-4ee7-8149-546fc1e7c984.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74899,75493,71939,117],"class_list":["post-99878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-adoption","tag-stablecoin","tag-banks","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/99878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=99878"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/99878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/99879"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=99878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=99878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=99878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}