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Wyoming lawmakers think it’s time for a crypto bank

Wyoming thinks it’s time to start a new kind of bank.

Inside this bank will be no vault doors, no safe deposit boxes, no small bowls of lollipops or even a teller. Rather, this bank will exist inside of servers in some undisclosed location and, rather than money, could one day hold something no bank in the United States currently allows: cryptocurrency, a digital, encrypted form of currency that is quickly becoming the standard for web-dwelling merchants of the 21st century.

Unbeholden to any bank or government’s treasury, cryptocurrency is lauded for its anonymity as well as its volatility, able to make or break millionaires in a snap.

Nick Reynolds 307-266-0634, [email protected]

https://trib.com/news/state-and-regional/wyoming-lawmakers-think-it-s-time-for-a-crypto-bank/article_c3dd9cba-1020-5238-a336-a49804893a69.html#tracking-source=home-top-story-1

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