PODCAST: Caitlin Long on Bitcoin as Insurance Against Financial Collapse
"Bitcoin is less volatile from a systemic perspective than I think the traditional financial industry is," says the Wyoming Blockchain Coalition co-founder.
Caitlin Long
Crypto bank Avanti has raised an angel round from the University of Wyoming Foundation, Anthony Pompliano’s Morgan Creek Digital and other investors.
On Tuesday, Avanti Financial Group announced five executive hires, including Bitcoin Core developer Bryan Bishop and Figure Technology’s Zev Shimko.
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.
There may be a way for cryptocurrency businesses to get around New York's notoriously hard-to-get BitLicense, and it runs through Wyoming.
