Wyoming Introduces a Bill Aiming to Define Virtual Currencies as Money
CoinTelegraph
Published Jan 20, 2019 04:06
Updated Jan 20, 2019 05:06
A bill meant to clarify the classification of cryptocurrencies has been introduced in the U.S. state of Wyoming Jan. 18, according to the official state legislature website.
The bill places crypto assets into three categories: digital consumer assets, digital securities and virtual currencies. The bill defines assets falling in any of those three categories as intangible personal property and grants virtual currencies the same treatment as fiat money.
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Written By: CoinTelegraph
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