What’s Going on in Wyoming?

What is happening? Wyoming has amended its playing field for crypto currency by providing for more decentralized organizations, which use digital tokens to track membership and more. The jargon is decentralized autonomous organizations, or DAO. SF 68 (2022 | WY)

Why is this important? DAO status gave American CryptoFed the requisite structure to pursue federal recognition for its virtual currency

How will this be important? ” Wyoming is now recognized as one of the top blockchain destinations in the world,” according to the first DAO’s CEO

Governing | Wyoming Law Sets Federal Recognition Foundation for Virtual Currencies