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This State is Becoming America’s Crypto Capital - YouTube

www.youtube.com/watch?v=UIDoZSUF5WM

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This Western State Wants to Be America’s Crypto Capital by Bloomberg Originals · YouTube. Playing loads the YouTube player.

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, and entire city run as a DAO.
  • Support for crypto mining, highlight Elite Mining.

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.