Wyoming’s efforts to establish state-chartered banks catering to cryptocurrency firms have faced delays in obtaining approval from the Federal Reserve.
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https://www.ganganews.com/world/delayed-approvals-for-wyomings-crypto-focused-banks/
Ganga NewsDelayed Approvals for Wyoming's Crypto-Focused Banks : Ganga NewsThe Federal Reserve has not approved any of Wyoming's special-purpose depository institutions (SPDIs) that cater to cryptocurrency firms.