Wyoming’s Stablecoin Plan Is Latest Crypto Push by Cowboy State
WEB2 days ago · The least populated state’s select committee on blockchain has put forth dozens of pieces of legislation over the last five years. And just last month, Wyoming announced plans to launch a dollar-backed token by early 2025, which aims to lower consumer payment costs using blockchain technology. A significant challenge for the Cowboy State’s ...
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 Stable Token A Multibillion-Dollar… | Cowboy State Daily
WEBMay 9, 2023 · Wyoming Stable Token A Multibillion-Dollar Opportunity As Officials Wrestle With How To Make It Happen. Gov. Mark Gordon said he’s committed to finding a way for Wyoming to become the first state with its own stable token, even if federal agencies aren’t keen on the idea.
State of Wyoming Pushing for Adoption of Its Own Dollar-Backed ...
WEBAug 27, 2024 · Wyoming is reportedly planning to soon launch its own stablecoin pegged to the US dollar in an effort to generate additional revenue. CNBC reports that the state is hoping to roll out the so-called Wyoming stable token by the first quarter of 2025.
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.
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 …
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 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’s state stablecoin: Another brick in the wall?
WEBFeb 25, 2022 · 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.
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