Wyoming Highway patrol may soon hold Bitcoin

4 crypto startups earn MiCA licenses from Dutch watchdog


The state of Wyoming could extend its Pro-Bitcoin program while the local authorities assess the laws on the program and the reserve of stables.

The Wyoming Highway Patrol Association A adopted The “Get Off Zero” initiative by evidence of labor, a non-profit entity focused on Bitcoin (BTC) Education and adoption for workers, unions, pensions and municipalities.

By integrating the program, the association could become the first state union in the application of the law to hold BTC on its balance sheet.

Although it is not clear to what extent Bitcoin, Wyoming Highway Patrol Association, can accumulate, the decision signals an increase in the interest of cryptography within the State. In January, Wyoming legislators presented A bill proposing to allocate 3% of the sovereign funds of the State to the BTC, effectively creating a bitcoin reserve of the State.

State authorities published The job lists for blockchain developers before the Stablecoin plans led by the Stable tokens Commission, one of the first American jurisdictions to establish a dedicated Stablecoin surveillance organization.

Wyoming was at the forefront of web3 legislative milestones. The standard state the laws concerning decentralized autonomous organizations and officially recognized Daos as legal entities. Many industry leaders, including Andreessen Horowitz (A16Z), praised the decision as a crucial step towards clarification of DAO treatment in the courts and the regulatory framework

Wyoming has also adopted laws to protect Crypto Private Keys, while its senator Cynthia Lummis has put pressure for a Federal BTC and examined The Federal Deposit Insurance Corporation on the speaking of Crypto.

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