HB 70 - Authorizes Cryptocurrency Regulations and Securities - Wyoming Key Vote

Stage Details

Title: Authorizes Cryptocurrency Regulations and Securities

Signed by Governor Matt Mead


Title: Authorizes Cryptocurrency Regulations and Securities

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Title: Authorizes Cryptocurrency Regulations and Securities

Vote Smart's Synopsis:

Vote to pass a bill that authorizes and defines cryptocurrency regulations and securities.

Highlights:

 

  • Exempts a developer or seller of an open blockchain token from money transmission and securities laws (Sec. 1).

  • Specifies that a developer or seller of an open blockchain token is only exempt if the token is sold for a consumptive purpose and not as a financial investment (Sec. 1).

  • Specifies that a developer or seller of an open blockchain token cannot be considered an issuer of a security or a broker-dealer (Sec. 1).

Title: Authorizes Cryptocurrency Regulations and Securities

Title: Authorizes Cryptocurrency Regulations and Securities

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