#wyoming / Page 2

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Under the Biden administration, Congress passed legislation forcing ByteDance to either sell off TikTok or cease operations within the United States. Reid Rasner, a Wyoming billionaire is offering $47.45 billion.

Kentucky Gov. Andy Beshear signed bill into law this week, similar to a new Wyoming law enacted earlier this month.

Wyoming, the tenth largest state in the U.S., is testing its state-issued stablecoin and will likely launch it in July 2025.

Wyoming will have the authority to freeze and seize WYST tokens involved in illicit activities, but only after obtaining a court order.

Wyoming is set to introduce its own stablecoin, WYST, by July, marking a significant step in the state's venture into digital assets.

Wyoming Governor Mark Gordon confirmed that the state would launch its WYST stablecoin in July after the testing period. The post Wyoming Plans to Launch WYST Stablecoin in July, Governor Confirms appeared first on Cryptonews.

Wyoming plans to launch the WYST stablecoin in July, pegged to the US dollar, through a partnership with LayerZero.

The stablecoin is available on seven testnets in its testing phase, powered by LayerZero's interoperability infrastructure.