Wyoming promises to become the most crypto-friendly state in the US

Wyoming, being in the very North of the country, isn’t quite like Silicon Valley neither the rich East Coast. Yet, the government aims to partially replace ranchos with crypto companies and provide all conditions for their flourish. 

The state’s governor signed sweeping legislation that turns Wyoming to a particularly friendly to cryptocurrency place. The new law enshrines utility tokens as an asset class exempting cryptocurrency from state property taxes.

#assets #regulation #us #siliconvalley #taxes