The bill already signed into law legalizes online sports betting in the state with bookmakers permitted to accept cryptocurrency deposits from bettors.
Crypto wagering for online sports betting now legal in Wyoming
One business and law professor has argued that Wyoming’s liberal blockchain law could help the state compete with Delaware in the business incorporation arena.
Blockchain-friendly Wyoming challenges Delaware's biz incorporation dominance
While Wyoming was luring crypto businesses, such as Ripple Labs, New York’s AG was bringing enforcement action against Bitfinex.
While Washington dithers, Wyoming and other US states mine for crypto gold
"More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws," said Caitlin Long.
Ripple now registered as a Wyoming business
Saying the state has "the best laws for digital assets" in the United States, Senator Lummis asked the Tesla CEO if he would consider relocating.
Crypto-friendly US senator invites Elon Musk to move to Wyoming
Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator.
US Senator-elect rails against potential crypto wallet ruling
“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry," said Long.
Caitlin Long calls on SIM swap victims to help resurrect Wyoming bill