The state of Wyoming has approved the operation of the second crypto bank
The Finnish company Avanti announced that it received approval for the activity of a cryptocurrency bank in Becoming.
The bank plans to offer a few services related to the cryptocurrency, including the operation with a stable link with a link to the US AVDOLLAUS ( In 2021, it is planned to provide short-term bills.
Avanti's main attention will be paid to the AVIT token, which is positioned as a "stable coin-reformer", which solves legal, book-keeping, and new The company plans to launch AVIT on Ethereum, on the base of the liquid bitcoin, and later on other blockchains.
Kaitlin Lung, the company owner, said that Avanti intends to combine "traditional and digital financial asset systems" in anticipation of having fun She added that at the present time only the specialized displays, located in Wyoming, can carry out in the USA the operations of the counter-parallelization
Pane cryptobora Kraken also received the corresponding bank license. Along with this, some cryptographic companies provide similar Avanti services, not working in the quality of the bank.
Coinbase Custody and Bakkt offer cryptocurrency storage services, while JPMorgan and Stronghold offer regulator-compliant stable coins.
However, Avanti's successes show that the traditional financial sector is increasingly interested in cryptocurrency and digital assets.