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Former Cheyenne Mayor Orr Discusses Wyoming Cryptocurrency kgab.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kgab.com Daily Mail and Mail on Sunday newspapers.
Former Cheyenne Mayor Orr Discusses Wyoming Cryptocurrency y95country.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from y95country.com Daily Mail and Mail on Sunday newspapers.
Cryptocurrency is Coming to Wyoming Get our free mobile app This led to the American CryptoFed to become the first DAO in the state, which plans to allow people to use the company s cryptocurrency, Ducats, instead of US dollars to purchase products. Representative Jared Olsen, of House District 11, said the law allows for a limited liability company (LLC) to be established with bylaws implemented by an algorithm, rather than needing a human to be present. Olsen said the law requires DAOs to have an office or representative in Wyoming, a measure to help keep the DAOs in the state, but that it could still run into similar issues LLCs can have of having one person in the state, but the rest of the company somewhere else. ....
American CryptoFed DAO The headline this week is that American CryptoFed was the first legally recognized Decentralized Autonomous Organization (DAO) in Wyoming and the nation. Earlier this year the Wyoming Legislature passed a Bill which offers legal protections to DAO s with the hopes that it would trigger blockchain businesses in the state. Marion Orr, CEO of American CryptoFed which is part of the digital currency effort, explained the concept to Wyoming Public Radio s Bob Beck. Marion Orr: Decentralized autonomous organization is a new form of business organization that the State of Wyoming and very wise legislators adopted. Jul. 1st it went into effect. Senator Chris Rothfuss, former representative Tyler Lindholm and that whole blockchain community were really instrumental in taking a look at this structure. And as you probably recall, Wyoming was the first to recognize Limited Liability Corporations. So we really pride ourselves in being the first with ways that bus ....
How Wyoming become the unlikely Bitcoin capital of America msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.