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Wyoming, The First Country to Apply Digital Asset Custody Rules

The US state of Wyoming has introduced a new set of rules to regulate the digital asset custody platforms. The rules are for its rules for its so-dubbed “blockchain banks,” covering areas such as forks, airdrops, and staking. 

Wyoming Blockchain Task Force president Caitlin Long announced the news through a series of tweets. With this announcement, Wyoming has become the first country to unveil Crypto Custody Rules for ‘Blockchain Banks’. “A qualified custodian shall maintain customer digital assets, funds and other securities which are not digital assets,” she further noted.

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US State Wyoming Introduces Crypto Rules To Its Blockchain Banks
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US State Wyoming Introduces Crypto Rules To Its Blockchain Banks
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Wyoming introduced a series of opt-in custody rules for its so-dubbed “blockchain banks,” covering areas such as cryptocurrency forks, airdrops, and staking
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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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