The Marriage of Federal and Wyoming “Utility Token” Exemptions
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<a href="http://www.wyoleg.gov/Legislation/2018/HB0070" target="_blank">Wyoming Enrolled Act №27</a> provides a state exemption to what are called, “Open Blockchain Tokens.” This is broadly interpreted as the Utility Token that is commonly used throughout the Blockchain world. The significance of this bill is that, for the first time in the United States, there is a legislative definition from one of the states of what constitutes a Utility Token.