Wyoming Passes Bill To Recognize Cryptocurrencies As Money (cointelegraph.com)
This week Wyoming passed a bill recognizing crypto has money, here’s the best tl;dr we could make of cointelegraph’s coverage:
In the United States, the state of Wyoming passed a bill that will allow for cryptocurrencies to be recognized as money on Jan. 31, according to the state legislature website.
The bill will go in effect on Mar. 1, as stated on the Wyoming legislature website.
With Wyoming passing the bill into law to recognize cryptocurrency as money, other nations around the world still are unclear as to where cryptocurrency falls.
The state of Wyoming has been showing continued efforts to become a crypto hub in the U.S. Earlier this month, Cointelegraph reported that Wyoming has introduced more crypto-related bills into legislation for consideration to help further the regulation of cryptocurrencies.
Original article reduced by: 52%
Read the full article here.
Related story: Binance Users Can Now Pay For Crypto With Credit Cards (coindesk.com)
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Summarised crypto news.