I am very excited to announce that I’ll be introducing my long-anticipated digital asset bill in the coming weeks. This legislation, which I’m proud to partner with Senator Kirsten Gillibrand on, brings much needed regulatory clarity to the entire digital asset industry, encourages innovation and entrepreneurship and protects consumers.Wyoming has built the foundation to benefit from the growing digital asset industry. We were the first state in the nation to create a comprehensive framework for digital assets. I’m working to bring that success to the federal level.
The digital asset industry holds great potential for Wyoming, for new revenue sources, new jobs and new opportunities for Wyoming students.
In Wyoming, we are all too familiar with “brain drain,” or the exodus of our young people from the state. While there is no one silver bullet, promoting our innovative financial technology laws could bring more companies to Wyoming and keep more of our young people here at home.