Wyoming Division of Banking regulator
Overview
The Wyoming Division of Banking is the state regulatory agency responsible for chartering and supervising financial institutions in Wyoming. It gained prominence for creating the Special Purpose Depository Institution (SPDI) charter, which allows banks to serve cryptocurrency and blockchain companies. The division operates under the Wyoming Department of Audit.
Within the DeFi Intel graph, Wyoming Division of Banking connects to 3 tracked entities, most strongly to Custodia Bank, Kraken Bank, United States.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
holds_charter | Custodia Bank | 95% |
holds_charter | Kraken Bank | 95% |
headquartered_in | United States | 85% |
Frequently asked questions
What is the Wyoming Division of Banking?
The Wyoming Division of Banking is a state regulatory agency that charters and supervises financial institutions in Wyoming. It operates under the Wyoming Department of Audit.
What is the Special Purpose Depository Institution (SPDI) charter?
The SPDI charter was created by the Wyoming Division of Banking to allow banks to serve cryptocurrency and blockchain companies.
Which banks hold charters from the Wyoming Division of Banking?
Custodia Bank and Kraken Bank both hold charters from the Wyoming Division of Banking.