Wyoming

Wyoming

Finance

Black Hills Signs Deal to Power Bitcoin Mining in Wyoming

The publicly traded utility will deliver up to 75 megawatts of power to a new mining operation in Cheyenne.

Bitcoin mining machines

Policy

Crypto Bank Custodia Sues Federal Reserve

The bank founded by Morgan Stanley veteran Caitlin Long filed suit against the U.S. central bank for delaying a decision on its application for a master account.

Avanti CEO Caitlin Long (CoinDesk archives)

Finance

Former Wyoming Banking Commissioner Goes Web 3

Albert Forkner has joined crypto infrastructure company Fortress Blockchain Technologies.

(Pascal Bernardon/Unsplash)

Videos

Kraken One Step Closer to Becoming an Official Bank

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses a recent update on Kraken’s ongoing quest for a Federal Reserve Master Account, which would give them the same access to the global payment system as traditional banks. Plus, a conversation on how Kraken benefits from Wyoming’s unique regulatory framework for the banking industry. 

Recent Videos

Policy

Kraken Hits Key Milestone in Quest to Gain Fed Account, Equal Treatment With Traditional Banks

Kraken Bank, the Wyoming subsidiary of the Kraken crypto exchange, received a routing number from the American Bankers Association.

CoinDesk placeholder image

Videos

Marshall Islands Looks to Become Global Hub for DAO Incorporations

Deep in the Pacific Ocean lies a sprawling chain of volcanic islands, the Marshall Islands, that is looking to grant DAOs the same privileges as limited liability corporations. But why do DAOs need to become registered as corporations? Adam Miller, co-founder of a local organization MIDAO, explains two reasons: legal personhood and limited liability. He joins "All About ETH" live from Ethereum Denver 2022 to discuss why the Marshall Islands, the issues with Wyoming's LLC law and the future of DAOs.

Recent Videos

Policy

Caitlin Long's Wyoming Crypto Bank Takes a Step Toward Fed Membership

It's no guarantee of Fed approval, but Avanti Bank now has a routing number through the American Bankers Association.

Avanti CEO Caitlin Long (CoinDesk archives)

Policy

Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds

The Wyoming senator is likely to vote against President Biden’s nominees to head the U.S. Federal Reserve, and will rally other senators against them, said a Lummis aide.

Sen. Cynthia Lummis helped draft an amendment to a controversial tax provision in the infrastructure bill.

Finance

Former Oilfield Drillers See Energy Sector and Bitcoin Mining Joining Forces

If the founders of bitcoin miner JAI Energy are right, the two industries are an ideal match.

JAI Energy management (from left) Adam Sarvey with founders Ryan Leachman and Justin Ballard (JAI Energy)

Policy

SEC Stops Wyoming-Based DAO From Registering 2 Digital Tokens

The agency is alleging that American CryptoFed filed a “materially deficient and misleading registration form.”

Wyoming's Capitol building