The Challenges of Starting a Digital Asset Company

Wyoming state senator and Minority Floor Leader in the Wyoming Senate, Chris Rothfuss joins the show. We cover Wyoming’s crypto efforts to date to create a stable and secure digital asset ecosystem. In this episode:

• Senator’s Rothfuss’ pre-politics career and how he came to grapple with the crypto space
• Why Wyoming has an opportunity in digital asset policy
• The origins of Wyoming’s blockchain select committee
• How the NY Bitlicense inspired Wyoming’s efforts
• Why crypto policy isn’t politically polarized in Wyoming
• Wyoming’s foundational move to recognize digital assets under the uniform commercial code
• The origin of the SPDI charter
• Is there a future for the SPDI given that the Fed is denying master accounts?
• How Wyoming’s SPDI emerged as a consequence of Chokepoint 1.0
• Is the Fed blocking state charters unconstitutional?
• Wyoming’s Stable Token Act and the prospects for that product
• How the WY Stable Token could be a huge windfall for Wyoming – and where the revenues would be directed
• How Wyoming is thinking about the permissionless qualities of the stable token 

Further reading: 

• More about Chris Rothfuss
• More on the Blockchain Select Committee
• The Wyoming Stable Token Act