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American state, Wyoming plans to pass 8 more blockchain laws in 2020. Caitlin Long, founder of Wyoming Blockchain Task Force explained the detailed plan to incorporate these laws in a live interview with BlockTV. The state already has around 13 blockchain laws. The basic structure of Wyoming Crypto Law divides assets into Digital securities, Digital consumer assets, and Virtual currencies.
Wyoming is the only state in America that considers crypto-assets as money. It further plans to regulate the technologies, support their progress, and mitigate possible risks.