The Importance of Recognition of Digital Assets Under the Uniform Commercial Code

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