The Digital Asset Trade Association (DATA) was formed with the mandate to work closely with local and national governments to enact consistent ground-breaking legislation focused on Distributed Ledger Technology (blockchain technology and cryptocurrencies). We hit our stride last year working closely with the Wyoming Blockchain Coalition to shepherd along 5 pro-blockchain and crypto-friendly laws, revamping money transmitter laws and defining utility tokens for the first time in US law.
There are now five new crypto bills proposed in the 2019 Wyoming legislative calendar, one of which, 219LSO-0055 (Special Purpose Depository Banks), allows chartered banks to provide banking services to blockchain-based…
Changing the Dynamic of Digital Assets