Serving the Big Horn Basin for over 100 years
Serving the Big Horn Basin for over 100 years
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LARAMIE — The state’s Blockchain Task Force will meet in Laramie on Thursday and Friday to discuss potential legislation that could further shape Wyoming’s landmark blockchain laws. If enacted, the laws under consideration could change the landscape for real estate, banking and energy, among other industries. The premier legislation stemming from the task force passed in the 2019 legislative session, allowing the establishment of banks that could take custody of cryptocurrency assets much like a digital safety deposit box. This year, the task...
LARAMIE — About five new “blockchain banks” could bring as much as $20 billion in assets into Wyoming by summer 2020 as applications open for the new type of bank charter Oct. 1. Lawmakers are currently working to refine the law passed in 2019 that allows for “Special Purpose Depository Institutions” in Wyoming, a national first that has put Wyoming on the map for “underserved” financial markets like cryptocurrency, blockchain, coal, paycheck lending and firearms. “I heard a fun phrase this week that an East Coast state is aspiring to cop...