# This State is Becoming America’s Crypto Capital - YouTube

<https://www.youtube.com/watch?v=UIDoZSUF5WM>

- Host: [youtube.com](https://links.thingelstad.xyz/hosts/youtube.com/)
- Saved: February 3, 2022 (2022-02-04T02:20:25Z)
- Record: https://links.thingelstad.xyz/links/f81449ea08e6/
- JSON: https://links.thingelstad.xyz/links/f81449ea08e6.json

## What Jamie wrote

It is great to see Wyoming taking such a leading role on crypto. Hopefully other states will see this and feel compelled to catch up.

- **24 laws passed** regarding digital assets
- "Technology exists to do simultaneous settlement"
- Governor of Wyoming heavily features
- July 1st, Wyoming became first state to recognize DAO's as a legal entity
- 150 DAO's formalized in Wyoming.
- Highlighted [CityDAO](https://www.citydao.io), and entire city run as a DAO.
- Support for crypto mining, highlight [Elite Mining](https://elitemininginc.com).

What I think is so good about Wyomings approach is it has the potential for a "and" solution instead of an "or". There is no reason that crypto solutions cannot live alongside existing ones. Many want to position it as a battle, but it doesn't need to be. And the way Wyoming is doing this will allow them to have a hybrid system.

## Facts

- Kind: [Video](https://links.thingelstad.xyz/kinds/video/)
- Video: "This Western State Wants to Be America’s Crypto Capital", by Bloomberg Originals, YouTube (id UIDoZSUF5WM)

## Appears in

- [WT210: Weekly Thing #210 / Wyoming, WebAssembly, Wordle](https://weekly.thingelstad.com/archive/210/), Featured

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://www.youtube.com/watch?v=UIDoZSUF5WM