By Larry Chiang
Nic Carter posed a question that made me aware that “special purpose depository institution†is a similar situation as ‘industrial loan corporation’ charter for credit card only banks.
The question:
Who will be the first crypto company to secure a charter as a “special purpose depository institution” under Wyoming’s 2019 law?
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nic carter (@nic__carter) |
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Who will be the first crypto company to secure a charter as a “special purpose depository institution” under Wyoming’s 2019 law? The race is on.
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What does the special purpose depository institution mean in plain English
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nic carter (@nic__carter) |
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h/t â¦â€ª@CaitlinLong_‬⩠and Wyoming legislators for this astounding body of work. I just read through the text of the law and I’m very impressed. what it means in plain language:
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More on special purpose depository institution by this ex Morgan banker who now blogs
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Caitlin Long 🔑 (@CaitlinLong_) |
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WHAT DO WYOMING’S BLOCKCHAIN LAWS REALLY MEAN? Here’s my analysis of how all the puzzle pieces fit together. Everyone in #blockchain may want to see it. Once you see what #Wyoming has created, I think it might blow you away! 🤠 forbes.com/sites/caitlinl… â¦â€ª@Tyler_Lindholm‬⩠â¦â€ª@TraceMayer‬â©
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nic carter (@nic__carter) |
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we have a (potential) winner, folks!
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Job listing
Managing Director, Kraken
Special Purpose Depository Institution CEO
https://jobs.lever.co/kraken/5b95ae2b-8fce-43e5-9176-227818f84ad5
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