Wyoming’s Cryptocurrency Bill by g-dubs

bitcoin · @g-dubs · Jan 22 '19

$12.18

Wyoming’s Cryptocurrency Bill

In case you missed, last week the State of Wyoming introduced a cryptocurrency bill that would help alleviate the regulatory uncertainty surrounding cryptocurrencies.

Read on to find out the details…

<center> https://i.postimg.cc/G2p19gF5/WY.png </center> 

Forbes had a [good piece]( https://www.forbes.com/sites/darrynpollock/2019/01/18/wyoming-introduces-bill-offering-cryptocurrencies-legal-clarity-to-attract-blockchain-business/#21cb409b46d5) on the bill.

And Caitlin Long had an excellent [tweetstorm](https://twitter.com/CaitlinLong_/status/1086367321738731520) on the subject.

Both are worth checking out.

The important parts of the bill is that it would recognize the different types of digital assets and provide clarity on custody.

Wyoming law would recognize three types of digital assets: digital securities which get treated like securities, digital consumer tokens, ie. utility tokens, which get treated like general intangibles, and virtual currencies (like BTC and ETH), which get treated like money.

Regarding custody, Wyoming banks would have option to OPT INTO an enhanced regulatory regime for digital asset custody. That’s big because it would meet SEC Custody Rule requirements and banks can operate in all 50 states.

If passed, this bill would go a long way to solving some of the regulatory problem in crypto… at least in the U.S.

What do you think?
_____________________________________________________
<center>For more on cryptos follow me @g-dubs and on [SteemFollower](https://steemfollower.com/?r=1283) </center>
<center>Use my referral link to buy Bitcoin, Ethereum, and Litecoin at [Coinbase](https://www.coinbase.com/join/53b4b168d660043955000006)
or [Abra]( https://o8ca.app.link/ScLxqQCtrR?_p=f54a2543ea28d4607c820a77) 
and trade cryptos on [Binance](https://www.binance.com/register.html?ref=10079388) and [Bibox](https://www.bibox.com/signPage?id=11485799&lang=en)...
And delegate SP with [MinnowBooster](https://www.minnowbooster.com/vote-selling/?ref=752) </center> 
<center>Crypto + Daily Fantasy Sports =[No Limit Fantasy Sports]( https://www.cryptofantasysports.com/User/Register?AflCode=3CD9CB640048762A)
</center>
<center>Shop and earn BTC with [Lolli](lolli.com/ref/M3af8k4IQb) </center>
<center>Earn BTC on [Earn.com](earn.com/gregorywilson/referral/?a=b2xtzvyln760u4b6) </center>

👍 smartsteem, therising, appreciator, rocky1, upme, upmewhale, boomerang, jerrybanfield, upmyvote, znnuksfe, samotonakatoshi, zoidsoft, g-dubs, zyx066, stackin, steemchoose, supu, thelogicaldude, pandorasbox, seanlloyd, bluesniper, merlin7, superultra, igl00, ariakianim, the1calledcube, arv1, buggedout, nieloagranca, allancovelli, garrettwallace, ohuru, nailyourhome, fun2learn, ugbolily, delegate4upvot, mys, cifer, imperfect-one, ctime, sbdback, up1, mco, yanda-trading, rashisonto, lovelyboo, honmono, orlisraispor, essivinmaps, maria5w2uc, melamoonspe, coteemama, ubsimirfast, haley4k, diniglairqjh, rioplotunook, suppdercaga, prodobfqualbet, rachelsj1bw, babschnae, vyaduka, stocktober
👎 camillesteemer

`post_id`	69,181,404
`author`	g-dubs
`permlink`	wyoming-s-cryptocurrency-bill
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin","cryptocurrency","blockchain","crypto","btc"],"users":["g-dubs"],"image":["https:\/\/i.postimg.cc\/G2p19gF5\/WY.png"],"links":["https:\/\/www.forbes.com\/sites\/darrynpollock\/2019\/01\/18\/wyoming-introduces-bill-offering-cryptocurrencies-legal-clarity-to-attract-blockchain-business\/#21cb409b46d5","https:\/\/twitter.com\/CaitlinLong_\/status\/1086367321738731520","https:\/\/steemfollower.com\/?r=1283","https:\/\/www.coinbase.com\/join\/53b4b168d660043955000006","https:\/\/o8ca.app.link\/ScLxqQCtrR?_p=f54a2543ea28d4607c820a77","https:\/\/www.binance.com\/register.html?ref=10079388","https:\/\/www.bibox.com\/signPage?id=11485799&lang=en","https:\/\/www.minnowbooster.com\/vote-selling\/?ref=752","https:\/\/www.cryptofantasysports.com\/User\/Register?AflCode=3CD9CB640048762A","lolli.com\/ref\/M3af8k4IQb","earn.com\/gregorywilson\/referral\/?a=b2xtzvyln760u4b6"],"app":"steemit\/0.1","format":"markdown"}
`created`	2019-01-22 23:51:21
`last_update`	2019-01-22 23:51:21
`depth`	0
`children`	6
`net_rshares`	25,085,447,094,091
`last_payout`	2019-01-29 23:51:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	9.302 SBD
`curator_payout_value`	2.876 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	2,336
`author_reputation`	136,982,997,921,497
`root_title`	"Wyoming’s Cryptocurrency Bill"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (63)

voter	rshares	pct
g-dubs	32,365,813,668	100%
igl00	5,600,534,188	100%
imperfect-one	1,151,564,882	0.95%
stackin	26,638,450,019	5%
jerrybanfield	1,185,286,167,116	6.21%
mys	1,267,873,580	0.95%
samotonakatoshi	116,078,912,713	50%
appreciator	3,160,691,107,154	4.16%
pandorasbox	10,945,181,603	100%
buggedout	4,082,353,040	100%
cifer	1,242,613,702	12%
zyx066	27,791,511,943	100%
rocky1	2,970,957,274,620	5%
boomerang	1,912,213,098,539	6.84%
upme	2,744,142,744,965	4.5%
zoidsoft	60,199,355,512	100%
seanlloyd	9,526,159,417	30%
smartsteem	5,008,097,945,072	3.83%
the1calledcube	4,986,578,250	100%
upmyvote	1,034,459,450,184	4.57%
upmewhale	2,446,571,963,878	4.41%
znnuksfe	148,455,197,771	100%
fun2learn	1,403,428,853	1.6%
ariakianim	5,157,278,711	100%
lovelyboo	553,622,466	50%
stocktober	70,662,347	20%
arv1	4,480,248,784	3.75%
therising	4,068,892,222,041	3.5%
garrettwallace	2,186,333,928	20%
camillesteemer	0	-100%
allancovelli	2,500,898,322	50%
nailyourhome	1,415,160,089	1.6%
suppdercaga	490,502,830	100%
rioplotunook	499,572,540	100%
coteemama	513,270,490	100%
ubsimirfast	511,732,983	100%
nieloagranca	3,191,423,627	4%
orlisraispor	522,918,788	100%
maria5w2uc	522,194,160	100%
steemchoose	20,417,386,138	1.43%
vyaduka	296,610,558	1.75%
rashisonto	555,601,063	100%
haley4k	511,554,692	100%
rachelsj1bw	477,077,471	100%
delegate4upvot	1,272,464,241	1.6%
prodobfqualbet	490,390,999	100%
essivinmaps	522,735,304	100%
melamoonspe	521,474,566	100%
up1	1,006,227,921	2.55%
merlin7	6,249,466,748	0.18%
mco	974,683,061	12.39%
sbdback	1,087,001,700	1.18%
superultra	5,809,806,582	24.98%
diniglairqjh	511,338,522	100%
bluesniper	9,205,127,733	0.74%
ctime	1,146,246,643	0.04%
ohuru	2,164,868,810	100%
honmono	531,716,944	100%
ugbolily	1,316,660,106	100%
babschnae	328,340,501	0.44%
supu	12,109,309,157	2.5%
thelogicaldude	11,721,681,856	100%
yanda-trading	556,000,000	100%

@boomerang · Jan 23 '19

This post has received a 6.84 % upvote from @boomerang.

properties (22)

`post_id`	69,184,386
`author`	boomerang
`permlink`	re-wyoming-s-cryptocurrency-bill-20190123t013524
`category`	bitcoin
`json_metadata`	{}
`created`	2019-01-23 01:35:24
`last_update`	2019-01-23 01:35:24
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2019-01-30 01:35:24
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	55
`author_reputation`	3,503,034,741,265
`root_title`	"Wyoming’s Cryptocurrency Bill"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@rashisonto · Jan 23 '19

great to see some progressiveness at least out of one of the states, go Wyoming!

properties (22)

`post_id`	69,187,433
`author`	rashisonto
`permlink`	re-g-dubs-wyoming-s-cryptocurrency-bill-20190123t031819994z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit\/0.1"}
`created`	2019-01-23 03:18:09
`last_update`	2019-01-23 03:18:09
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2019-01-30 03:18:09
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	80
`author_reputation`	4,105,190,671
`root_title`	"Wyoming’s Cryptocurrency Bill"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@bolzamgenyo73 · Jan 23 '19

This is good news :)

properties (22)

`post_id`	69,188,845
`author`	bolzamgenyo73
`permlink`	re-g-dubs-wyoming-s-cryptocurrency-bill-20190123t040941935z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit\/0.1"}
`created`	2019-01-23 04:09:42
`last_update`	2019-01-23 04:09:42
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2019-01-30 04:09:42
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	20
`author_reputation`	0
`root_title`	"Wyoming’s Cryptocurrency Bill"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@hanifrahman3203 · Jan 23 '19

It is good news.i want to get this types of news continue.so,i want to do follow your steemit account.

properties (22)

`post_id`	69,190,423
`author`	hanifrahman3203
`permlink`	re-g-dubs-wyoming-s-cryptocurrency-bill-20190123t051038913z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit\/0.1"}
`created`	2019-01-23 05:10:45
`last_update`	2019-01-23 05:10:45
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2019-01-30 05:10:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	102
`author_reputation`	44,897,506,523
`root_title`	"Wyoming’s Cryptocurrency Bill"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@mrme1984 · Jan 23 '19

$0.06

No one can stop the crypto revaluation

👍 bankthecrypto, mrme1984, cryptotrader84, elviento

`post_id`	69,194,780
`author`	mrme1984
`permlink`	re-g-dubs-wyoming-s-cryptocurrency-bill-20190123t075253387z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit\/0.1"}
`created`	2019-01-23 07:52:54
`last_update`	2019-01-23 07:52:54
`depth`	1
`children`	0
`net_rshares`	131,356,766,072
`last_payout`	2019-01-30 07:52:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.048 SBD
`curator_payout_value`	0.015 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	38
`author_reputation`	44,100,594,541,767
`root_title`	"Wyoming’s Cryptocurrency Bill"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	0
`author_curate_reward`	""

properties (23)vote details (4)

voter	rshares	pct
elviento	844,723,757	1%
bankthecrypto	82,998,550,229	100%
cryptotrader84	9,700,225,164	100%
mrme1984	37,813,266,922	100%

@thelogicaldude · Jan 23 '19

Can't wait to see what they do! I am working on smart contract solutions to present to businesses and the state of Oregon when I see a bit more of how Wyoming is going to handle it.

👍 thelogicaldude

`post_id`	69,217,594
`author`	thelogicaldude
`permlink`	re-g-dubs-wyoming-s-cryptocurrency-bill-20190123t183441785z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit\/0.1"}
`created`	2019-01-23 18:34:42
`last_update`	2019-01-23 18:34:42
`depth`	1
`children`	0
`net_rshares`	11,535,073,842
`last_payout`	2019-01-30 18:34:42
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	181
`author_reputation`	16,939,043,717,876
`root_title`	"Wyoming’s Cryptocurrency Bill"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
thelogicaldude	0 B		11,535,073,842	100%