Posted by Staff Writer on 5/17/2018 to
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IncSmart Wyoming (Small Business and Startups) - Wyoming to be cryptocurrency leader by becoming the most bitcoin friendly state in the nation. Governor Matt Mead, just signed into law, to make limited liability corporations or LLCs, friendlier to Blockchain companies. This is creating a large number of companies with crypto or Blockchain in there names, to register in Wyoming and to take advantage of the new tax incentives.
Many companies are raising capital through initial coin offerings or ICOs. The ICOs are starting overseas to avoid the American rules and regulations. Thy new Wyoming law exempts many crypto assets from security laws and to exempt them from state money transmission laws. They also approved the use of laws for corporations.
By IncSmart Staff Writer
Starting a Business in Wyoming
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How to form Wyoming LLC - Link
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