A new blockchain advocacy group headquartered in Wyoming includes a former state governor, the major of its current state capital and the CEO of Overstock.com among its founding membership.
The Wyoming Blockchain Coalition was announced on Tuesday, aimed at advancing use of the technology within the state. The group intends to lobby for eased regulatory burdens and the creation of a more business-friendly environment for blockchain companies.
Past moves on the part of some Wyoming lawmakers suggests the group might find a warm reception. In January 2016, a group of lawmakers released a bill which sought to make it easier for companies seeking to offer cryptocurrency exchanges to operate. At the time, it was framed as an effort to win back firms that had departed previously because of the regulatory environment there…
