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.
Hunter Biden offered to testify publicly before Congress, striking a defiant note in response to a subpoena from Republicans and setting up a potential high-stakes face-off even as a separate special counsel probe unfolds and his father, President Joe Biden, campaigns for reelection.
