Wyoming Gov. Mark Gordon signed HB 133 into law, paving the way for state residents aged 18+ to begin placing online wagers (no retail betting permitted) as early as September 1.
Wyoming's Senate has passed a bill that will legally recognize Decentralized autonomous organizations (DAOs) as legitimate businesses.
Kraken has become the world's first digital asset bank after receiving approval from the state of Wyoming to form a Special Purpose Depository Institution.
The new law, which is set to come into effects from July 1, allows domestic insurance companies to buy digital assets for the first time.
The state legislature has passed a series of new bills aimed at making Wyoming attractive to the crypto industry.
The extensive plains and picturesque mountains of Wyoming are inviting to anyone and are now welcoming cryptocurrencies.