WYOMING’S CRYPTO SECTOR’S FATE UP TO FEDERAL REGULATORS
After years of laying groundwork, the future of Wyoming’s cryptocurrency banking industry now lies in the hands of federal regulators, officials with Wyoming U.S. Sen. Cynthia Lummis’ office told lawmakers Tuesday.
In a presentation to the Wyoming Legislature’s Select Blockchain Committee on Tuesday, Lummis policy advisers Tyler Lindholm and Chris Land warned lawmakers that Wyoming could lose its competitive advantage to other states in the race to lure cryptocurrency firms to the Cowboy State. Both men were key architects of Wyoming’s cryptocurrency laws.
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