Wyoming Introduces Bill Permitting Tokenization of Stocks
Cointelegraph
Published Jan 17, 2019 10:19AM ET
Updated Jan 17, 2019 11:01AM ET
Wyoming Introduces Bill Permitting Tokenization of Stocks
A bill allowing corporations to issue blockchain-based tokens that represent stocks was introduced in Wyoming on Jan. 16, according to the official state legislature site.
House Bill 185 is sponsored by Representatives Olsen, Brown, Hunt, Lindholm, Western and Zwonitzer and Senators Driskill and Rothfuss. If passed, the bill will become effective on July 1, 2019. The current draft of the bill states:
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Written By: Cointelegraph
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