Wyoming looks to be a world leader on blockchain technology.
To achieve its goal, Wyoming Legislature passed these bills:
- House Bill 19 trade and commerce standards that include virtual commerce
- House Bill 70 framework for developing, selling or facilitating the exchange of an open blockchain token
- House Bill 101 business use of blockchain records
- House Bill 126 LLC use of blockchain records
- Senate File 111 Property taxes and digital currency
What is Wyoming’s state strategy? Wyoming’s economic diversification strategy is known as ENDOW – which stands for Economically Needed Diversity Options for Wyoming
Government Technology | New Laws Reverse Wyoming’s Strict Stance on Blockchain, Cryptocurrencies