Wyoming is introducing a bill that will put cryptocurrency like Bitcoin on the same legal footing as money. The bill will also provide a precise classification of digital assets, especially for custody administration. Cryptocurrency to Have the Same Legal Status as Money Sponsored by Sen. Tara Nethercott (R-WY) along with five other state Senators and Representatives, the proposed bill titled “Digital assets-existing law,” calls for the proper classification of virtual assets. The bill also seeksRead MoreThe post Wyoming Looks Determined to Legalize Bitcoin as Money appeared first on Bitcoinist.com.
