Wyoming lawmakers want to bring in blockchain related businesses. This week the state legislature voted on a bill that exempts certain types of cryptocurrency assets from securities laws. State Representative Tyler Lindholm (R-District 1) and State Senator Tara Nethercott (R-District 4) explain how they create opportunities for businesses in their districts.
"We are identifying the difference between a utility token and a security," explains Lindholm. "We've actually already seen businesses move just based on the premise that we are looking at the bills."
Nethercott says there needs to be a healthy balance of regulation. "We want to make sure we don't have a regulatory environment that prevents its growth," she said. "We want to make sure regulations are reasonable."
The Governor of Wyoming is expected to vote on the cryptocurrency bill within the next week.
Israeli fighter jets hit targets in the Gaza Strip minutes after a weeklong truce expired on Friday, signaling that the war with Hamas has resumed in full force.
Democrats on the Senate Judiciary Committee voted Thursday to authorize subpoenas for two prominent conservatives who arranged luxury travel and other benefits for Supreme Court justices, but Republicans planned to object to the legitimacy of the action.
Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the U.S. ahead of next year's elections, Meta said Thursday.
The House voted on Friday to expel Republican Rep. George Santos of New York after a critical ethics report on his conduct that accused him of converting campaign donations for his own use. He was just the sixth member in the chamber's history to be ousted by colleagues.
