The American state of Wyoming passed a law officially classifies cryptocurrency money. The text of the relevant document (SF0125) was published on 31 January and will come into force on 1 March 2019.
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.
The new law also facilitates the banking institution storing a virtual currency in trust funds. In addition, all owners of a cryptographic property rights, eliminates the need for a mediator.
Recall, WY is considered the most favorable for the development of kriptonyte state, where in March, the Senate released a utilitarian tokens from spreading to them of the securities laws. Also, there are cryptocurrency released from taxation on property. And on elections of the Governor of the state last year defeated mark Gordon, who is extremely loyal to kriptonyte.