St. Cloud Financial Credit Union (SCFCU) is building a first-of-its-kind crypto custody platform.

From the Quantum Lex Studio in Minneapolis, we sit down with SCFCU’s Exec. VP and Chief Lending Officer Chase Larson.

"We've been leading edge with this,” he stated.

Chase described the product and the process of building it:

► How it works, who holds the keys
► Working with the regulators
► The reception from the banking world and from their clients

In all, Chase and SCFCU see this as preparing for the financial world to come.

“We’re getting our core ready for the streaming of finance,” he said.

Learn about the nuts and bolts of building the blockchain infrastructure right here in Minnesota for Episode #3 of "MNblockchain Conversations."

Enjoy.

***

Timestamps:
:00 – Episode preview
1:12 – Introduction to Chase, St. Cloud FCU, and building this platform
11:57 – All about the CU Digital Asset Vault
18:55 – Working with regulators
22:52– Demo of CU Digital Asset Vault
27:54 – Better than Coinbase? The role of credit unions in age of cryptocurrency
32:47 – Educating: other credit unions, employees, and clients
34:56 – Building a foundation for the streaming of finance
38:19– Industry attention; growing the personnel
46:17 – Contacting Chase; closing

Guest:
🔷Chase Larson
🔶[ Ссылка ]
🔶chasel@scfcu.org

THANK YOU to:
Quantum Lex Law Firm - [ Ссылка ]

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#creditunion #cryptocurrency #finance #banking #blockchain #crypto

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