Wyoming lawmakers to readdress HBOO26 to allow Bitcoin, and other Cryptocurrency related, companies to operate freely within the state.
The signers of this petition humbly ask that the lawmakers of the great state of Wyoming readdress bill HB0026 or introduce alternative legislation that would allow the operation of Bitcoin companies, as well as other cryptocurrency related companies. The residents of Wyoming have been denied great investment opportunities due to the WYOMING MONEY TRANSFER ACT, which has caused private sector companies that operate in the buying and selling of BITCOIN to cease operations in Wyoming. The HB0026 bill would have allowed that to change, but unfortunately was defeated in vote. Many feel that as more and more interest in BITCOIN occurs, as well as more and more financial systems being designed around the underlying blockchain technology that Bitcoin was created on, that the value will continue to increase. We ask that these issues be readdressed so that the residents of Wyoming are not denied the same opportunities as the rest of the world. Thank you.
Updates
November 14, 2017
Watching promising companies pack up and leave our state because of outdated rules is frustrating. I have been speaking with people who agree that we are being left behind while the rest of the world moves forward with this technology.
November 14, 2017
Seeing this kind of movement confirms I am not the only one in Wyoming tired of watching good opportunities pass us by. It is becoming impossible for the people in the capital to ignore that we want the freedom to manage our own digital assets. We are building real momentum toward a future where our state stops holding us back.
23 Comments
This month we can trade futures in bitcoin on the CME and CBOE. The legitimacy of cryptocurrencies is now indisputable. The state government has no right to inhibit our access to this investment vehicle.
Wyoming is only one of 3 states that prevents its residents from buying crypto currencies. While the opportunities are huge early in the development of crypocurrencies Wyoming is shooting itself in the foot and making it very difficult for its residents to have these opportunities. I’ve seen bitcoins go from $50 when I first became interested in them to well over $6000. Wyoming benefits from the power usage required to mine crypto currencies and could become an ideal place to do so, but this current legislation makes Wyoming inhospitable to this new technology, to the detriment of its own citizens.
Thanks to all who signed this. The issue in Wyoming now seems to be done as the state government now seems to be embracing Blockchain and crypto and making the state a new haven for the technology. Petition will soon be removed.
Its crazy that we can waste our money on lottery tickets because it pads their coffers but when we want to pad ours it's a whole different story. Very frustrated!!
I feel that I am not given the right to invest in my future and am really upset that I am missing out in crypto currency investments.
Please pass this bill and allow blockchain companies and exchanges to operate in this state.
Please. Work is scarce and a passive income is much needed for the winter time.
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Wyoming lawmakers to readdress HBOO26 to allow Bitcoin, and other Cryptocurrency related, companies to operate freely within the state.
The signers of this petition humbly ask that the lawmakers of the great state of Wyoming readdress bill HB0026 or introduce alternative legislation that would allow the operation of Bitcoin companies, as well as other cryptocurrency related companies. The residents of Wyoming have been denied great investment opportunities due to the WYOMING MONEY TRANSFER ACT, which has caused private sector companies that operate in the buying and selling of BITCOIN to cease operations in Wyoming. The HB0026 bill would have allowed that to change, but unfortunately was defeated in vote. Many feel that as more and more interest in BITCOIN occurs, as well as more and more financial systems being designed around the underlying blockchain technology that Bitcoin was created on, that the value will continue to increase. We ask that these issues be readdressed so that the residents of Wyoming are not denied the same opportunities as the rest of the world. Thank you.
Updates
November 14, 2017
Watching promising companies pack up and leave our state because of outdated rules is frustrating. I have been speaking with people who agree that we are being left behind while the rest of the world moves forward with this technology.
November 14, 2017
Seeing this kind of movement confirms I am not the only one in Wyoming tired of watching good opportunities pass us by. It is becoming impossible for the people in the capital to ignore that we want the freedom to manage our own digital assets. We are building real momentum toward a future where our state stops holding us back.
23 Comments
This "bitcoin ban" has to end! No cryptocurrency company's will do business with me because I cannot change my USD to BTC because I live in Wyoming
This month we can trade futures in bitcoin on the CME and CBOE. The legitimacy of cryptocurrencies is now indisputable. The state government has no right to inhibit our access to this investment vehicle.
Wyoming is only one of 3 states that prevents its residents from buying crypto currencies. While the opportunities are huge early in the development of crypocurrencies Wyoming is shooting itself in the foot and making it very difficult for its residents to have these opportunities. I’ve seen bitcoins go from $50 when I first became interested in them to well over $6000. Wyoming benefits from the power usage required to mine crypto currencies and could become an ideal place to do so, but this current legislation makes Wyoming inhospitable to this new technology, to the detriment of its own citizens.
Thanks to all who signed this. The issue in Wyoming now seems to be done as the state government now seems to be embracing Blockchain and crypto and making the state a new haven for the technology. Petition will soon be removed.
Its crazy that we can waste our money on lottery tickets because it pads their coffers but when we want to pad ours it's a whole different story. Very frustrated!!
I feel that I am not given the right to invest in my future and am really upset that I am missing out in crypto currency investments.
Please pass this bill and allow blockchain companies and exchanges to operate in this state.
Please. Work is scarce and a passive income is much needed for the winter time.
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This "bitcoin ban" has to end! No cryptocurrency company's will do business with me because I cannot change my USD to BTC because I live in Wyoming