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2 1016 minutes ago
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3 1227 minutes ago
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The bill allows people to hold cryptocurrency without the need for an intermediary to own digital assets, and clears the way for banks to offer custodial services for cryptocurrencies.
According to the act, digital assets are considered intangible personal property. “AN ACT relating to property; classifying digital assets within existing laws; specifying that digital assets are property within the Uniform Commercial Code; authorizing security interests in digital assets; establishing an opt-in framework for banks to provide custodial services for digital asset property as directed custodians; specifying standards and procedures for custodial services under this act; clarifying the jurisdiction of Wyoming courts relating to digital assets; specifying applicability; authorizing the promulgation of rules; and providing for an effective date.” #bitcoinexchange#blockchainrevolution#bitcoininvestor#bitcoininvestment#xrp#btc#blockchaintechnology#blockchaintech#cryptoinvestor#cryptoinvesting#cryptoinvestment#binance#learn