While Washington dithers, Wyoming and other US states mine for crypto gold

While Washington dithers, Wyoming and other US states mine for crypto gold

While Wyoming was luring crypto businesses, such as Ripple Labs, New York’s AG was bringing enforcement action against Bitfinex. The United States is divided politically these days into red states and blue states, and increasingly, it seems to be fracturing into cryptocurrency-friendly and crypto-wary locales, too. On Feb. 21, it was revealed that San Francisco-based Ripple Labs had registered as a Wyoming business. Wyoming is arguably the most blockchain and cryptocurrency-welcoming state in the United States. Meanwhile, several days later, New York State’s attorney general announced a....


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Ripple now registered as a Wyoming business

"More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws," said Caitlin Long. Blockchain-based payments firm Ripple Labs has now registered a business in Wyoming.According to records from the Wyoming Secretary of State, Ripple Markets WY LLC’s status as a local business is listed as "active" after an initial filing in February 2020. As a limited liability company in Wyoming, Ripple’s registered agent will be based in Cheyenne.“More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly....

Wyoming’s state stablecoin: Another brick in the wall?

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