Wyoming’s Stablecoin Plan Is Latest Crypto Push by Cowboy State
WEB2 days ago · The state is investing $5.8 million into the project. A year ago Wyoming had invested $2 million across all crypto-linked projects and only received $473,000 in returns, data compiled by Bloomberg shows. “The gap between theory and practice is still fairly wide,” said R.A. Farrokhnia, a professor of Economics at Columbia Business School and ...
Governor Mark Gordon Announces Potential 2025 Launch for Wyoming ... - MSN
WEBThe push for a state-issued stablecoin in Wyoming is seen as a countermeasure to what Governor Gordon described as a “collapsing centralized system” rooted in excessive money printing and...
As Wyoming starts the process of creating a stable token, officials ...
WEBMay 10, 2023 · The Wyoming Stable Token Commission held its first meeting Monday, May 8. Officials want the Cowboy State to continue on its path as a pioneer in cryptocurrency, but questions remain over the federal legal viability of a government-issued stablecoin.
Wyoming Could Be First US State to Issue Official Stablecoin
WEBMar 23, 2023 · The stage is set for Wyoming to officially adopt a stablecoin — if it so desires — after its Republican governor Mark Gordon signed off the Wyoming Stable Token Act. The bill enables creation of a specialized stablecoin commission with …
Wyoming stablecoin: Are state digital currencies even possible?
WEBSep 14, 2023 · NEWS--bipartisan group of top #Wyoming legislators proposed a bill for State of Wyoming to issue a #stablecoin, 100% backed by USTreasuries, where the State keeps the float.
News Explorer — Wyoming Governor Approves Setting Up Stablecoin …
WEBMar 23, 2023 · Wyoming Governor Approves Setting Up Stablecoin Commission, Could Lead to First State Stablecoin. Wyoming Governor Mark Gordon has signed off the Wyoming Stable Token Act, allowing a specialized stablecoin commission to be set up with authority to issue them.
Wyoming seeks ‘Stable Token’ Commission head in first steps to ...
WEBJul 25, 2023 · The United States state of Wyoming is beginning its work on its stablecoin, officially called the “stable token” project, by opening a job position for the head of the Stable Token Commission....
Wyoming Stable Token Act passes without governor’s signature
WEBMar 22, 2023 · POWELL — Wyoming still has a chance to be the first state to have an official stablecoin in the cryptocurrency financial sector. On Friday, Gov. Mark Gordon allowed the Wyoming Stable Token...
Wyoming Gov Wants Stablecoin Commission to Follow the …
WEBMay 10, 2023 · The Wyoming Stable Token Commission held its first meeting on Monday, Wyoming Public Radio reported. The commission is the first state body in the United States with the authority to issue stablecoins. Gov. Mark Gordon, who’s been cautious through the process, was present at the meeting.
Wyoming: Regulatory Clarity and Crypto-Friendly Banks Fuel ... - CoinDesk
WEBJun 27, 2023 · Earlier this year, the state passed the Wyoming Stable Token Act, authorizing state authorities to issue a stablecoin backed by dollars or U.S. Treasury bonds.
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