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Select committee opens debate on digital-asset taxonomy; members and witnesses flag federal alignment and technical complexity

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Summary

The Select Committee on Blockchain reviewed a Legislative Service Office draft digital-asset taxonomy and heard witnesses caution that state definitions must align with federal bills and account for control, decentralization and technical deployment before statute is finalized.

Laramie, Wyo. — The Legislature’s Select Committee on Blockchain on Sept. 22 reviewed LSO bill draft 26LSO56 (digital-asset taxonomy) and heard technical testimony and public comment urging caution and further work before statute is changed.

LSO staff attorney H. Lise Hanson provided a high-level walkthrough of the draft, explaining that the bill groups digital-asset definitions under a single chapter and proposes subcategories (tokens, virtual currency, digital securities, stablecoins) with token subtypes such as asset-backed…

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