Wyoming News

The federal financial regulator issued guidelines on "covered" tokens in April that had some members of a Wyoming commission questioning its rollout for a state-issued stablecoin.

Wyoming has selected LayerZero as its partner for the state’s planned stablecoin, according to an announcement at the DC Blockchain Summit.

The executive director of the Wyoming Stable Token Commission, Anthony Apollo, said a “real-time, traceable ecosystem is exponentially better” than the current system.

The Wyoming Highway Patrol Association has adopted the Proof of Workforce’s “Get Off Zero” initiative and is reportedly exploring adding Bitcoin to its balance sheet.

With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.” 

AI technology could drastically reduce inequalities and expand access to services in local and state governments, many believe.

Private issuers of stablecoins could extend the lifespan of the US dollar by driving demand for the underlying fiat currency.

The VIC bot and its “meat avatar,” Victor Miller, got 327 votes in Cheyenne, losing a primary election to incumbent Mayor Patrick Collins and two others.

Victor Miller entered the race and now uses a nickname to distinguish himself from the “Virtual Integrated Citizen, The Official Robot” he says is on the ballot.

The US miner is now the second-largest by market cap, after flipping Riot Platforms.

The Bitcoin Research Institute will open in August as part of the University of Wyoming’s College of Arts and Sciences.

Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Joe Biden.

The next generation of crypto mining will focus on alternative energy sources for efficiency.

The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming.

The state seeks someone with connections and expertise in the blockchain industry, promising a $150,000 annual salary.