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Wyoming Lawmakers Seek 'Level Playing Field' for Bitcoin
A group of Wyoming legislators has introduced a bill that would ease a regulatory burden on money transmitters in the state that work with bitcoin.
Yazan Stan Higgins
A group of Wyoming legislators has introduced a bill that, if passed, would ease a key regulatory burden on money transmitters in the state that work with bitcoin and other digital currencies.
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, introduced on 20th January, seeks to add a definition for digital currencies to a list of "permissive investments", or assets like cash or securities that must be held by a money services business equal to the amount of its existing payment obligations, to the Wyoming Money Transmitters Act.
The four-page bill excludes virtual currencies like rewards points, and would take effect on 1st July of this year if passed.
As it stands today, a firm working in the state with digital currencies – currently not considered a permissive investment – must effectively maintain double reserves. Companies like Coinbase have previously said that this policy has kept them from serving the Wyoming market.
In interviews with local news source the Wyoming Tribune Eagle, legislators sponsoring the measure framed it as a means to attract businesses that have previously indicated that they won’t operate in the state.
State Sen. Chris Rothfuss, one of two state senators to sponsor the bill, told the Tribune Eagle that he believes digital currencies like bitcoin should be treated similarly to government-issued currencies, remarking:
"The legislation we’re providing doesn’t do an awful lot other than try to provide that level playing field. In my view, it needs to be treated the same as a ruble or a Euro, or any other currency."
State Rep. Tyler Lindholm, one of the bill’s three sponsors in the state House of Representatives, indicated that the bill might face opposition from other legislators unfamiliar with the technology.
"I’ve got two minutes to introduce the bill for the introductory vote, but essentially this is about keeping equal opportunities between currencies," he said. "A big reason for me pushing this bill is that we don’t want to run businesses, especially emerging technologies, out of Wyoming."
The full text of the bill can be found below:
Image via Shutterstock
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Bilinmesi gerekenler:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Bitcoin gets 'base case' price target of $143,000 at Citigroup
The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.
Bilinmesi gerekenler:
- Citigroup's base case for bitcoin (BTC) is a rise to $143,000 in 12 months.
- Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
- The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.
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