Home » Tag Archives: Wyoming

Tag Archives: Wyoming

Square Cash Adds BTC Buy/Sell Option For Wyoming Custo… | News

The Square Cash App, a mobile app formerly for sending just fiat currency that added a Bitcoin (BTC) sending option in late January 2018, has made BTC buying and selling available for Wyoming users. The app is working on adding the option for New York residents as well, currently in the process of applying for the state’s BitLicense. Customers in the ...

Read More »

US: Wyoming Set Precedent By Creating New Asset Class… | News

The US state of Wyoming has now created a new class of assets in defining cryptocurrency as “Utility Tokens”, reports Forbes March 13. As previously reported by Cointelegraph, the Wyoming state legislature passed House Bill 70 on March 6, which effectively exempts crypto from state securities regulations. The bill was signed into law by Governor Matt Mead March 8. The ...

Read More »

Wyoming Promotes Crypto-Friendly Laws & Regulations

2018 seems to be a good year for cryptocurrencies and blockchain technologies. 2017 was full of controversial anti-crypto statements by governments and banks appearing to push with all their might against crypto use. This triggered a sharp bearish trend in markets by early 2018, however, the new year continued with a refreshing turnaround by governments and regulators regarding blockchain and ...

Read More »

Wyoming Bill Passes In State Senate, Aims To Exempt To… | News

Wyoming state legislature has passed House Bill 70 yesterday, March 6, exempting certain Blockchain tokens from securities regulations and money transmission laws. The bill, which already unanimously passed in its third reading Wyoming’s House of Representative on Feb. 19, passed in the Senate 27-3, also after its third reading yesterday. “Open Blockchain tokens” offered through an Initial Coin Offering (ICO) ...

Read More »

Wyoming Blockchain Bill Rockets Ahead for Signing

In a landmark development for blockchain advancement, Wyoming’s state legislature has cleared what is known as House Bill 70 (HB 70), which exempts various types of crypto assets from securities laws. The bill was originally passed by Wyoming’s House of Representatives last month on February 20. It is now headed to Governor Matt Mead for signature. According to public records, ...

Read More »

Cryptocurrency Gets Favorable Nods in Wyoming and South Korea

Cryptocurrency regulations has been a roller coaster ride, but recent developments point towards favorable environments in South Korea and Wyoming, USA. South Korea’s Financial Supervisory Service (FSS) chief Choe Heung-sik said that the government will support “normal transactions” of cryptocurrencies, suggesting that the government will encourage the growth of the crypto market under KYC regulations. Since January 30, South Korean ...

Read More »

Wyoming Passes Bill To Relax Securities Law For Some B… | News

The US state of Wyoming has passed a bill Feb. 19 allowing certain Blockchain tokens to bypass securities regulations if they meet three key requirements as of July , 2018. House Bill HB0070 was sponsored by seven representatives and five senators of the Legislature of the State of Wyoming. The bill passed the Wyoming House of Representatives unanimously in its ...

Read More »

Wyoming House Unanimously Approves Two Pro-Blockchain Bills

In a watershed moment for United States blockchain and cryptocurrency law, Wyoming’s House of Representatives unanimously voted “aye” to pass two blockchain bills – HB 70 the “utility token bill” and HB 19 the “bitcoin bill” –  sending them to the State Senate for consideration. HB 70 defines utility tokens as neither traditional money nor securities; HB 19 exempts cryptocurrency from the ...

Read More »

Wyoming House Unanimously Passes Bill Exempting Utility Tokens from Securities Laws

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Wyoming House of Representatives has unanimously approved a bill exempting utility tokens from securities laws, marking the latest victory in the quest to make the state a favorable environment for blockchain startups. Wyoming House Unanimously Passes Bill Exempting Utility Tokens from Securities Laws House Bill (HB) ...

Read More »

Wyoming Introduces New Bill To Exempt Crypto From Prop… | News

A new tax bill has been introduced in the Wyoming state senate on Feb. 16 that would exempt virtual currencies from state property taxation, and suggests an effective date be provided for the tax exemption implementation. Wyoming Senate Bill 111 was introduced by senators Ogden Driskill, Tara Nethercott, and Chris Rothfuss, along with representatives Tyler Lindholm, David Miller, and Jared ...

Read More »