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US State of Wyoming Passes Two Blockchain-Related Bills

Published 2019-02-20, 10:20 a/m
US State of Wyoming Passes Two Blockchain-Related Bills

Two blockchain-related bills — on tokenization and issues with compliance — have been passed in the United States state of Wyoming on Feb. 19, according to the official website of the state legislature.

As Cointelegraph reported, the bill on tokenization, House Bill 185, was introduced on Jan. 16. The bill lays the groundwork for storing so-called certificate tokens representing stocks on a blockchain “or other secure, auditable database,” and permits the digital transfer of them. The bill is sponsored by Representatives Olsen, Brown, Hunt, Lindholm, Western and Zwonitzer and Senators Driskill and Rothfuss and is set to become effective on July 1 of this year.

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