Many provisions of the legislation, which received overwhelming support in the state House and Senate, take effect on Oct. 1.
Wyoming Senator Cynthia Lummis had proposed that the legislation address double taxation for cryptocurrency miners and stakers.
Protect Progress, an affiliate of the cryptocurrency-backed Fairshake PAC, spent more than $1 million on media buys to support Democratic candidate James Walkinshaw.
Crypto hacks underscore the urgent need for CEXs and DeFi to overhaul their security, collaborate on risk management and embrace self-regulation.
The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny.
Arizona Governor Katie Hobbs has vetoed a measure that would have created a fund from seized crypto, with proceeds split between law enforcement and the state.
Letitia James argues that federal stablecoin bills should stipulate that issuers be regulated like banks and that they have FDIC insurance requirements to prevent systemic financial risks.
The US Treasury has sanctioned a crypto wallet containing $350,000 tied to the alleged cybercrime hosting service Aeza Group.
Grayscale has slowly narrowed the arbitrage opportunities on its crypto trusts by converting them into exchange-traded funds.
Sparkassen-Finanzgruppe execs once ruled out adopting crypto over concerns of volatility and risk, and the banking giant also blocked customer crypto transactions back in 2015.
