Wyoming has now enacted a total of 13 blockchain-enabling laws, making it the only US state to provide a comprehensive, welcoming legal framework that enables blockchain technology to flourish. By providing legal protections to direct owners, digital assets are likely to start flowing into Wyoming.
blockchain shares of stock. Delaware was first to recognize blockchain shares, but it only recognizes uncertificated versions. Wyoming’s new law regarding certificated shares just took effect this week, and WOW, Missouri was lightning fast in already copying it! Imitation is the sincerest form of flattery!from its state securities laws, which took effect last year.
Wyoming’s new law also ensures that digital asset owners have legal certainty about how their assets will be treated and the nature of the custodial relationship . Digital assets held in custody today in any other state lack this certainty! The law’s investor protections are a big deal—all value from digital assets belongs to investors unless otherwise expressly agreed.
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