The campaign to protect Blockchain started in Wyoming

The founders of the new group for the protection of blockchain with headquarters in Wyoming, includes a former governor of the state, and the general manager of Overstock.com.

15.Nov.17 12:48 AM
By Daria Zaytseva
Photo Toinnov.com

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The campaign to protect Blockchain started in Wyoming

On Tuesday, the Wyoming Blockchain Coalition was announced to promote the use of technology in the state. The group intends to lobby for eased regulatory burdens and the creation of a more supportive business environment for blockchain companies.

Past steps by some Wyoming lawmakers suggest that the group can find a warm welcome. In January 2016, a group of legislators issued a bill that would facilitate the work of companies that want to offer exchanges of cryptocurrencies. At that time it was created as an attempt to win back firms that had previously left because of the regulatory environment.

Those who support these efforts are also seeking to promote technology applications in the public sector.

Among the group's supporters are former Wyoming governor Jim Geringer, current Cheyenne Mayor Marian Orr, Overstock.com CEO Patrick Byrne, chairman and president of Symbiont Caitlin Long and two deans from the University of Wyoming and others.

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