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Commissioners and select committee weigh expanding authority for asset-backed tokens and broader tokenization

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Summary

Members of the Select Committee on Blockchain and commissioners recommended expanding the Wyoming Stable Token Commission’s scope or creating a digital-asset authority to enable state-issued asset-backed tokens and to prepare statutory and operational groundwork.

Laramie, Wyo. — During discussion on Sept. 22, members of the Select Committee on Blockchain and commissioners said Wyoming should begin laying statutory and operational groundwork to permit state-issued asset-backed tokens and other tokenization efforts beyond the Frontier Stable Token.

Commissioner David Pope, a committee liaison and CPA, recommended expanding the Stable Token Commission’s scope or creating a broader digital-asset authority to regulate additional token classes and to permit yield-bearing or…

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