Wyoming lawmakers want state to launch its own stablecoin
If a bill passes, the state’s stablecoin may appear by the end of the year
19.02.2022 - 08:45
134
1 min
0
What’s new? The Wyoming lawmakers have proposed a bill that requires the state to issue a stablecoin pegged to the US dollar. If the government approves the proposal, the state will have its own stablecoin by the end of the year. The bill will be sponsored by Wyoming senators Chris Rothfuss and Tara Nethercott, as well as state representatives Mike Yin and Jared Olsen.
What does the state need its own stablecoin for? The bill does not say what the purpose of creating a digital coin is. But given the state’s interest in cryptocurrencies, the move can play an important role in Wyoming’s development in this area.
However, this is not the first state to propose to develop its own stablecoin. Earlier, it was reported that the residents of Miami, Florida voted to adopt MiamiCoin (MIA).
Useful material?
Telegram 
Twitter Market
Digital assets have made it easier to conduct transactions in the face of sanctions
Dec 25, 2024
Mining
The restrictions are designed to maintain the balance of energy consumption, taking into account the demands of the industry
Dec 24, 2024
Market
Due to supply shortages, the asset’s pre-market exchange rate was climbing above $1000
Dec 16, 2024
Incidents
Reports about the hacking of the exchange with calls to withdraw assets began to spread on December 13
Dec 13, 2024
Crypto regulations
Stablecoins from issuer Circle will not be affected by the changes
Dec 12, 2024
Crypto regulations
The platform will launch after meeting the preconditions of the local exchange authority
Dec 9, 2024
Cryptocurrency rates
-
Bitcoin
$95 593
BTC
-2.48%
-
Ethereum
$3 361.78
ETH
-3.27%
-
Ripple
$2.17
XRP
-4.64%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.316633
DOGE
-4.23%
-
Cardano
$0.870081
ADA
-4.56%
-
Stellar XLM
$0.359528
XLM
-6.36%
-
Polkadot
$7.03
DOT
-5.34%
-
Bitcoin Cash
$440.07
BCH
-5.27%
-
Litecoin
$103.76
LTC
-4.47%