TheBitcoinNews.com:

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February.

According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets.” The bill plainly states “that digital assets are property within the Uniform Commercial Code” and goes on to elaborate some of its ramifications.

Long gave a succinct rundown of the bill’s most salient points, stating that “In other words, you’re not forced to own digital securities through an intermediary. Blockchain tech enables direct ownership of assets, and now the law does too.” Since property law in the United States is in the…

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Source: https://thebitcoinnews.com/wyoming-passes-new-friendly-regulations-for-crypto-assets/