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The 'Crypto Cowboy State': How Wyoming Became The Center Of Cryptocurrency
The Bitcoin mine in Cheyenne, Wyoming, is one of several owned by Chinese nationals in the U.S. following China's ban on Bitcoin mining in Wyoming is the first state to have legal Bitcoin Banking. Learn more about American banks that accept bitcoin and how to use WY companies to hold bitcoin. Why does America's least-populous state want to become a crypto capital? �Wyoming is heavily reliant on our mineral extractive industry,� says.

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Close icon Two crossed lines that form an 'X'. Earlier this year, the state passed the Wyoming Stable Token Act , authorizing state authorities to issue a stablecoin backed by dollars or U. In early , Wyoming enacted legislation authorizing the creation of state-chartered banks catering to firms doing business with bitcoin and other cryptocurrencies.