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Adam Tracy Explains Wyoming Cryptocurrency Banks

Adam Tracy Discusses Wyoming Special Purpose Depository Institutions

TRANSCRIBED FROM: https://www.adamtracy.io/video/wyoming-cryptocurrency-bank/ So, crypto banking is always a hot topic because nobody can find them, right? It’s just a matter of preference for mainstream banks not to take anybody related to blockchain or crypto. And that’s mainly driven by AML KYC concerns, which, you know, are largely unfounded, but that’s just where we are. […]

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Adam Tracy Discusses Cryptocurrency & the Custody Rule

Adam S. Tracy Explains Qualified Custodians & Cryptocurrency

TRANSCRIBED FROM: https://www.adamtracy.io/video/cryptocurrency-custody-rule/ So, crypto custody, crypto custodians, it’s a weird thing, because you’ll find thousands of them out there. But all but maybe three, do what they purport to do. And the concept of custody, right, comes from the securities and futures world and in particular, the investment advisors act of 1940, right? And […]

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Adam Tracy Explains OFAC Compliance in Cryptocurrency

OFAC Compliance & Digital Currency

TRANSCRIBED FROM: https://www.adamtracy.io/video/ofac-compliance-cryptocurrency/ So, question that I get a lot is, do I need to do KYC, AML with respect to an initial coin offering, or security token offering, or initial exchange offering? Some kind of token offering. And there’s a huge emphasis, right, on that. And the question of whether or not you have […]

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