Wyoming making moves to define crypto

[Mikehoncho]

https://cointelegraph.com/news/wyoming-introduces-a-bill-aiming-to-define-virtual-currencies-as-money

Wyoming has added a few bills in the last week or so to make an open space for crypto to exists. 

With this bill, it is going to spilt the currency into three categories, Digital consumer assets, digitial securities, and virtual currencies, which would a be intangible properties. It also let's Banks manage the currencies in the same way they do Fiat money.

I see this as a very good glimpse of the future. 

Legalization of marijuana all started with California passing their bill to set a precedent, and the bills in Wyoming could do the same for crypto. 

[williamshennie9]

This is awesome news for the crypto community! The more support crypto has, the better

[KiXxnTRiXx]

15 hours ago, Mikehoncho said:

https://cointelegraph.com/news/wyoming-introduces-a-bill-aiming-to-define-virtual-currencies-as-money

Wyoming has added a few bills in the last week or so to make an open space for crypto to exists. 

With this bill, it is going to spilt the currency into three categories, Digital consumer assets, digitial securities, and virtual currencies, which would a be intangible properties. It also let's Banks manage the currencies in the same way they do Fiat money.

I see this as a very good glimpse of the future. 

Legalization of marijuana all started with California passing their bill to set a precedent, and the bills in Wyoming could do the same for crypto. 

 Nothing that involves Banks can be good. Banks are crooks, the only reason why Banks are interested in this, is because they do not like not being able to monopolize this currency. Banks are already making money out of thin air.. I cant imagine what theyll come up with if the gain control of cryptos. That will be a sad day... Reason why i like crypto is because i dont have to deal with Banks.. sad news..

[bmg]

That's kind of shocking to hear that Wyoming is catching on to the crypto currency needed aspects  relatively faster than some  of the larger "tech savy" states seeing as how there a more old fashioned state.  Sounds to me like crypto is here to stay for sure and its nice to hear that states are taking an interest on making sure things are ran smooth in terms of crypto currency and banks.

[Kate]

It sounds too good to be true. Never trust banks regarding your crypto assets they just need that money to put tax on it. But if they aren't in a crooked state of mind then its good for the crypto world