cryptocurrency

Sweeping new federal guidance could build trust in the novel industry. But schools haven’t seen a penny yet.

Criminals extracted $650,000 from unsuspecting victims in Cheyenne over a 16-month period last year. Sheridan saw $1.5 million in losses over a two-year period.

Wyoming is the first and only state to issue a stablecoin.

The Wyoming Stable Token Commission says it’s on track to release the first state-backed tokenized digital asset in the country.

They include one on missing persons protocol for law enforcement and prohibiting state funds from helping create a central bank digital currency.

The commission still eyes a 2025 release date.

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.

The Cowboy State continues to try and attract business from companies interested in blockchain, which is the underlying technology behind cryptocurrencies like Bitcoin.

It’s been a tough year for cryptocurrency – especially with the collapse of the massive exchange FTX. Yet, some Mountain West states are still courting crypto companies.

Wyoming lawmakers recently struck down a draft bill that would have loosened some regulations in the state’s electricity market over fears of risk to smaller consumers.