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This State is Becoming America’s Crypto Capital
Wyoming wants to be to blockchain startups what Delaware is to corporations.
System Shock: This State is Becoming America’s Crypto Capital
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Through dozens of new laws, Wyoming is trying to become America’s blockchain headquarters—a place that would attract companies from across the crypto sector.
Wyoming has long made its money from commodities, in particular atmosphere-warming fossil fuels. Now it’s pivoting to a new sector, albeit one with its own global warming problems. On this episode of Bloomberg’s System Shock, we head to the “cowboy state,” where everyone from the governor on down is racing to smooth the way for blockchain startups, and become for them what Delaware is for corporations.