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The commission still eyes a 2025 release date.
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An American crypto mining company is expected to begin operation late this year. It purchased the facility from Miners One Partners, a British Virgin Islands limited partnership that has a majority of China owners. That worried national security officials since the facility is near a missile base.
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The Wyoming Stable Token Commission said it’s aiming to select a blockchain vendor by mid-February, and to release the dollar-backed digital token by May.
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The Wyoming Legislature’s Select Committee on Blockchain heard arguments for and against sponsoring a bill that would make it illegal to produce and distribute digitally altered media, known as 'deepfakes,' in the state.
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The Cowboy State continues to try and attract business from companies interested in blockchain, which is the underlying technology behind cryptocurrencies like Bitcoin.
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This year is the fifth anniversary of the Wyoming Blockchain Stampede. The week's programming kicks off Wednesday and features speakers and panels that explore the future of digital assets and blockchain technology.
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This past November, ten thousand individuals came together on the internet and bought 40 acres just outside of Clark. The reason they could do this is because of Wyoming's new law that allows decentralized autonomous organizations or DAO's to be incorporated as a Limited Liability Company. Wyoming Public Radio's Kamila Kudelska explains.
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A company based on blockchain has purchased 40 acres in Clark in northwest Wyoming.
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A select committee is looking to make it easier for cryptocurrency miners to set up shop in Wyoming. Crypto-mining is the process of gaining cryptocurrencies by solving equations with the use of high-powered computers. Energy and Natural Resources reporter Cooper McKim speaks with Chris Rothfuss, chairman of the Select Committee on Blockchain, Financial Technology and Digital Innovation Technology, on why the state is so interested in getting their business.
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A state select committee plans to draft legislation it hopes will ease the challenges of cryptocurrency mining, the process of gaining cryptocurrencies by solving equations with the use of high-powered computers, in Wyoming.