Senator Cynthia Lummis Says Wyoming Digital Asset Rules Are Shaping Federal Policy

Senator Cynthia Lummis said Wyoming’s digital asset framework, developed nearly a decade ago, is now serving as a model for U.S. federal crypto regulation.

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Terms & Concepts
  • Digital asset framework: A legal and regulatory structure for overseeing cryptocurrencies and related blockchain-based assets.
  • Federal regulation: Rules created by the U.S. national government to supervise markets, firms, and financial activity.
  • Digital assets: Blockchain-based tokens or cryptocurrencies that can represent value, ownership, or utility.