“More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws,” said Caitlin Long.
The CEO of pioneering digital bank Avanti Bank & Trust, Caitlin Long, has predicted the upcoming Coinbase IPO will force regulators to provide clarity to the crypto sector.
“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry,” said Long.
Blockchain pioneer Caitlin Long is now the CEO of her own special purpose depository institution (SPDI) in Wyoming.
Wyoming’s crypto-friendly Avanti Financial expects to open its doors this October with a new bank-issued digital asset, the Avit.
A new crypto bank tries to address some of the most fundamental issues for institutions who want to get into the space.