Wyoming adopted on January 31, the law of cryptocurrency equating to money.

“The law of digital assets” (SF0125) was introduced on January 18 and January 22 — accepted. The author speaks Senator Tara Nethercott, co-authors named eight other senators.

According to the document, all digital assets are divided into three categories: digital consumer assets, digital securities and digital currencies. Each category has its own detailed description.

Any scriptactive corresponding to these three categories is classified as “intangible personal property”. Scriptactive are regulated by analogy with Fiat money.

Banks can serve as qualified custodians of digital assets in accordance with the rules established by the Commission on securities and exchange Commission (SEC).

The law shall enter into force on 1 March.

ForkLog previously published an overview of the bill SF0125, which says in particular its possible impact on the image of Wyoming and cryptocurrency in General.

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