Wyoming:

• Wyoming Money Transmitter Act (Wyo. Stat. Ann. § 40-22-101 to 40-22-129)

• Amended by House Bill 19 (Eff. Mar. 7, 2018)

• Authorizes entities that transact in virtual currency to operate in Wyoming without a license under the Wyoming Money Transmitters Act.

• Blockchain Task Force

• Created by House Bill 001 (Eff. Mar. 15, 2018); Composition Amended by House Bill 001 (Eff. Feb. 26, 2019)

• Creating a task force to identify governance issues related to blockchain technology and develop appropriate legislation to be recommended to one (1) or more appropriate legislative committees for consideration.

 

• House Bill 70 (Eff. Feb 26, 2019)

• Authorizes the secretary of state to develop and implement a blockchain-based filing system for business entity formations and annual reports, as well as Uniform Commercial Code financing statements.

• Wyoming Utility Token Act (Wyo. Stat. Ann. § 34-29-101 to 34-29-105)

• Amended by House Bill 62 (Eff. Feb. 28, 2019)

• Classifies certain open blockchain "utility tokens" as intangible personal property not subject to a securities exemption.

• Amended by SF 125 (Eff. Jul. 1, 2019)

• Classifies Digital consumer assets as general intangibles,  digital securities as securities and investment property, and virtual currency as money within the Uniform Commercial Code (UCC); Provides guidance for perfection of security interests in digital assets

• Wyo. Stat. Ann. § 17-16-625

• Amended by House Bill 185 (Eff. July 1, 2019)

• Authorizes business entities to issue stock certificates in the form of electronic certificate tokens, entered into a blockchain or other secure, auditable database.

• House Bill 74 (Eff. Oct. 1, 2019)

•  Creates "special purpose depository institutions" as a new form of bank that can service blockchain innovators

• Financial Technology Sandbox Act (Wyo. Stat. Ann. § 40-29-101 to 109)

• Enacted by House Bill 57 (Eff. Jan. 1, 2020)

• Authorizes the waiver of specified statutes or rules to allow for the testing or innovative financial products and services, including blockchain technology, for up to two years, with the possibility o a one year extension

• Wyo. Stat. Ann. § 28-11-601

• Created by House Bill 27 (Eff. Mar. 13, 2020)

• Creates the Select Committee on Blockchain, Financial Technology and Digital Innovation Technology, as a subcommittee of the Blockchain Task Force,  required to develop specialized expertise and authorized to sponsor certain legislation

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