Through dozens of new laws, Wyoming is trying to become America’s blockchain headquarters—a place that would attract companies from across the crypto sector.
Wyoming has long made its money from commodities, in particular atmosphere-warming fossil fuels. Now it’s pivoting to a new sector, albeit one with its own global warming problems. On this episode of Bloomberg’s System Shock, we head to the “cowboy state,” where everyone from the governor on down is racing to smooth the way for blockchain startups, and become for them what Delaware is for corporations.
Whether they show up, though, has yet to be determined.
To contact the reporters on this story: Michael Byhoff in New York at mbyhoff@bloomberg.net; Brody Ford in New York at bford61@bloomberg.net
To contact the editor responsible for this story: David Rovella at drovella@bloomberg.net
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