A former Wall Street executive, Caitlin Long, who has helped Wyoming enact 13 blockchain-enabling laws, is establishing the first crypto bank in the U.S. named Avanti. The Wyoming-based bank is a collaboration with Blockstream, a global leader in Bitcoin and blockchain technology.
According to Caitlin, Blockstream is the ideal partner for serving big institutional investors that require regulated banks to deliver their services around Bitcoin in USD markets.
The popularity and usage of bitcoin will increase even the more with the establishment of a cryprocurrency bank in the United states as many nations will want to key into the crypto space since USA is not against it.