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Wyoming Internet Law Questions & Answers
1 Answer | Asked in Banking and Internet Law for Wyoming on
Q: crypto currency store or cryptocurrency exchange question

(a) What are the US States that don't require a licence to operate a cryptocurrency store and exchange?

(b) Which banks will accomodate cryptocurrency store or exchange payments?

Carl G Hawkins
Carl G Hawkins answered on Feb 21, 2020

A) It’s not as much crypto registration as it is registering as a money maker with FinCEN. This is required in every state you move currency in, and it is very expensive.

B) I have clients that found banks in the past but those banks may not offer those services today. You’ll typically...
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