Crypto Long & Short: Wyoming Is Crypto’s ‘Wild West,’ Which Is Exactly What We Need
An innovative region far from the center of financial power is taking meaningful steps towards reforming finance from the edges.
Wyoming
The digital bank will put the extra cash toward meeting Wyoming regulators’ pre-launch capital requirements.
The bill now proceeds to a vote in the Wyoming House of Representatives.
Pro-blockchain lawmakers in the state have made cryptocurrency inclusion a natural feature of their legislative agenda.
Under the act, the state would implement a new filing system to "use blockchain technology as the the technological framework for the system," by the end of 2021.
The SEC’s recent statement about qualified custodians shows the federal agency is still puzzling out important questions for the crypto space.
Wyoming
