Wyoming Seeks to Attract Blockchain Businesses with New Bill
“In a significant move for the advancement and legitimization of cryptocurrencies and blockchain businesses in the United States, Wyoming has introduced a bill that aims to clarify the legal position of digital assets, as well as offer digital asset custody through banks rather than financial institutions.
The Bill offers three classifications of digital assets; digital securities, digital assets, and most importantly, virtual currencies which give cryptocurrencies the same treatment as money within the state.” To view the full article, please visit Forbes.com.
Contact Alpine Law to determine how this might benefit your Crypto related business.