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RE: Cryptos and Taxes, April 15 Is Just Two Months Away
The Wyoming House Bill 70 (HB0070) passed the third reading by all 60 house members on February 19. The bill states:
AN ACT relating to securities; providing that a person who develops, sells or facilitates the exchange of an open blockchain token is not subject to specified securities and money transmission laws; making conforming amendments and providing for an effective date.
Wyoming has a few other pending bills which are related to blockchain and cryptocurrency including Wyoming House Bill 19 (HB0019) and Wyoming Senate Bill 111 (SF0111).
More details: Wyoming Is On A Roll: New Bill Exempts Tokens From Securities Law
I saw that, big news. Thank god for Wyoming!