Wyoming’s Crypto-Friendly Aspirations Are Colliding With Economic Reality
- State lawmakers have passed 28 blockchain bills since 2019
- Crypto revenue has been limited despite multiple initiatives
Pedestrians cross the street near the Wyoming State Capitol in downtown Cheyenne.
Photographer: Autumn Parry/For The Washington Post/Getty Images
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While several cities and states have made strides to attract crypto investments over the past decade, Wyoming Governor Mark Gordon describes the state as “the most crypto friendly place in the United States.” He might be on to something.
Wyoming has enacted dozens of bills that either mention crypto-related terminology or are sponsored by a legislative committee that’s dedicated to all things blockchain and technology. The tally — 28 since 2019, according to data compiled by Bloomberg — leads the nation. This far outpaces Utah in second-place with 15 bills of its own.