Wyoming regulator issues a license to cryptocurrency bank Commercium Financial – Bits Media

Commercium Financial, headquartered in Cheyenne, received a banking license from a special depository institution (SPDI) In wioming to work with digital assets.

Commercium Financial became the fourth cryptocurrency bank, Receiving license on work in the state from the viooming regulator. The company has joined Kraken, Avanti и Wyoming Deposit and Transfer, which also have a license. However, so far none of the applicants have received a certificate of powers for activities - the companies have not yet begun customer service in the state.

After the opening, cryptocurrency banks registered in Wioming will offer various services for crypto assets. However, SPDI cannot provide loans, And each bank must hold 100% client deposits in reserve. CEO of Commercium Financial Jonatar Dever (Jonathan dever) He noted in a press release:

“This license allows us to expand a unique set of technological solutions, which connect traditional banking systems with tokenized assets and securities. Commercium mission - create a fully digital and automated financial institution, which offers a combination of traditional banking and new products of digitization and tokenization of assets for the market. Compliance with regulatory requirements underlies that, What are we doing ".

Recently vaiming regulators, a friendly attitude to cryptocurrencies, approved the launch of the first in the United States Autonomous decentralized organization (DAO).