CHEYENNE, Wyo. (AP) – State legislators have introduced a check that would make digital currencies, like bitcoin, equal to a U.S. dollar in bank transactions.
The Wyoming Tribune Eagle reports (http://bit.ly/1SAOS9G ) that a check brought by a bipartisan organisation of lawmakers would rectify a Wyoming Money Transmitter Act to concede digital currencies to be a approving investment.
Currently, businesses that understanding in financial exchange need to have an equal volume of both bitcoins and U.S. dollars in haven when doing business in bitcoins.
Under a legislation, those businesses would usually need to have bitcoins in haven in those cases.
The bill’s categorical sponsor, Republican Rep. Tyler Lindholm of Sundance, says a legislation aims to “level a personification field” for bitcoin and other digital currencies.
Information from: Wyoming Tribune Eagle, http://www.wyomingnews.com