Wyoming lawmakers introduce legislation for state-issued stablecoin By Cointelegraph

491
SHARES
1.4k
VIEWS



4 members of the Wyoming Legislature have sponsored a invoice that will enable the state treasurer to problem a stablecoin.

On Thursday, Wyoming state Senators Chris Rothfuss and Tara Nethercott with Home Representatives Jared Olsen and Mike Yin launched Senate File SF0106, titled the “Wyoming Secure Token Act.” If signed into regulation, the invoice would authorize the treasurer to problem a U.S. dollar-pegged stablecoin redeemable for fiat held in an account by the state.