Wyoming has selected LayerZero as its partner for the state’s planned stablecoin, according to an announcement at the DC Blockchain Summit.
Wyoming News
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The executive director of the Wyoming Stable Token Commission, Anthony Apollo, said a “real-time, traceable ecosystem is exponentially better” than the current system.
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The Wyoming Highway Patrol Association has adopted the Proof of Workforce’s “Get Off Zero” initiative and is reportedly exploring adding Bitcoin to its balance sheet.
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With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”
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AI technology could drastically reduce inequalities and expand access to services in local and state governments, many believe.
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Private issuers of stablecoins could extend the lifespan of the US dollar by driving demand for the underlying fiat currency.
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The VIC bot and its “meat avatar,” Victor Miller, got 327 votes in Cheyenne, losing a primary election to incumbent Mayor Patrick Collins and two others.
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Victor Miller entered the race and now uses a nickname to distinguish himself from the “Virtual Integrated Citizen, The Official Robot” he says is on the ballot.
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The US miner is now the second-largest by market cap, after flipping Riot Platforms.
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The Bitcoin Research Institute will open in August as part of the University of Wyoming’s College of Arts and Sciences.
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Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Joe Biden.
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The next generation of crypto mining will focus on alternative energy sources for efficiency.
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The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming.
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The state seeks someone with connections and expertise in the blockchain industry, promising a $150,000 annual salary.
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Digital asset bank Custodia sued the Fed in June 2022, claiming an “unlawful delay” in processing an application for its master account.
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