Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Cardano Creator Charles Hoskinson Says Hottest Crypto Developments Happening in Wyoming

by Daily Hodl Staff
February 20, 2020
in Altcoins, Blockchain
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

Blockchain entrepreneur Charles Hoskinson, the co-creator of Ethereum and creator of Cardano, just dropped an ask-me-anything session on YouTube. After making a $500,000 cryptocurrency donation to the University of Wyoming last week through Cardano’s research arm, Hoskinson details how the next wave of progress for crypto will play out in the banking world.

“We just love working in Wyoming. It really is an amazing state. There are a lot of things under the hood that are happening in Wyoming right now that are just incredible for crypto. I think some of the most exciting things are these special purpose, full reserve banks – banks that aren’t fractional reserve but rather have full reserve. And those banks will be capable of handling both fiat and crypto assets, and be tremendously useful for future digitization efforts, for example, creating stablecoins and custodial solutions, and so forth.

So Wyoming is just a hotbed of activity and a lot of great jobs are going to be created over the next five or 10 years.”

Legalized last year, Wyoming’s “speedy banks” are a new type of banking entity that specializes in cryptocurrency transactions. The banks will focus on offering basic financial services, such as Bitcoin payroll, as well as crypto management services for private keys and support for other blockchain-based transactions.

As the cryptosphere evolves, Morgan Stanley veteran and former member of the Wyoming Blockchain Taskforce, Caitlin Long, says she’s extremely optimistic about the impact of regulations on the industry.

“The opportunity to professionalize this industry to broaden its user base is huge and it’s coming…and yes Wyoming will be the home of that within the US.”

Wyoming remains the only US state to have enacted 13 laws that lay the groundwork for a functional, legal framework for the crypto entrepreneurs and companies building solutions for a blockchain-based digital economy.

Hoskinson says the crypto donation to the University of Wyoming’s (UW) Blockchain Research and Development Lab in Laramie is intended to spur more blockchain innovation and could serve as a blueprint for future donations for other university students who want to set up their own campus research hubs.

l


Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Ingo70
Submit a Press Release

Crypto Livewire – Press Releases

  • QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding
    January 15, 2021
  • The Online Family Office and High Net Worth Blockchain Conference
    December 22, 2020
  • How Blockchain Empowers Wuhan’s Digital Economy Growth – World Blockchain Conference
    December 14, 2020
  • SnapEx Adds LINK, BNB and TRX Alongside Sign-Up Bonus on a Sleek New App
    December 11, 2020
  • What’s the Role of Bots in Crypto Trading?
    December 3, 2020
Submit a Guest Post
Bitcoin
$36,133.00
$36,133.00
3.82%
Ethereum
$1,223.31
$1,223.31
2.88%
XRP
$0.277266
$0.277266
1.08%
Litecoin
$143.13
$143.13
2.86%
Bitcoin Cash
$480.65
$480.65
2.1%

Spotlight

  • Goldman Sachs Economist Says Bitcoin Is Maturing, Details How Much Institutional Money Has Entered the Market
    January 13, 2021
  • Four Crypto Assets Surge More Than 400% in Just One Month As Alt Season Roars
    January 17, 2021
  • Institutional Rocket Fuel Could Soon Boost Ethereum, Says Macro Investor Dan Tapiero
    January 10, 2021
  • Bitcoin Could Rise Above $300,000 This Year, According to On-Chain Analyst Willy Woo
    January 14, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2020 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.