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News Explorer — Wyoming Governor Approves Setting Up Stablecoin Commission, Could Lead to First State Stablecoin

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Mar 23, 1:10 pm
Blockworks

Wyoming Governor Approves Setting Up Stablecoin Commission, Could Lead to First State Stablecoin

Wyoming Governor Mark Gordon has signed off the Wyoming Stable Token Act, allowing a specialized stablecoin commission to be set up with authority to issue them. Gordon has advised the commission to be properly set up before minting any tokens, and to consider qualifications, staff, responsibilities and financial considerations. He is uncertain of the market for a Wyoming stablecoin, but the act has been improved and he has allowed it to become law without his signature.

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