Wyoming wants to be the Silicon Valley of blockchain

Monday, April 09, 2018

Silicon Valley may be the center of American tech innovation, but Wyoming wants to be the center of American blockchain innovation.

Wyoming’s House of Representatives unanimously voted this month to pass two blockchain bills: the “utility token bill” and the “bitcoin bill.” (The group that has led the charge is called the Wyoming Blockchain Coalition.) Those bills are now headed to the Wyoming State Senate, and lawmakers are set to vote on three more blockchain-friendly bills in the coming weeks, totaling five blockchain bills in the works.

Wyoming governor Matt Mead indicated his support for blockchain tech and regulation in a recent interview with Wyoming PBS. “I think we need to move down that road now,” he said. “Bitcoin itself, I’m not saying we invest in that, but blockchain technology, cryptocurrency, you see most of the states are moving in that way, and I think that has to be something that is available in the state if Wyoming. I wish I was more of an expert on it, so we continue to try to learn more.”

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