Wyoming Bitcoin Reserves and Cryptocurrency Laws

Wyoming Bitcoin Reserves and Cryptocurrency Legislation

Wyoming Bitcoin Reserve Overview

No Official Reserve
Friendly Regulatory Status
Proposed Strategic Bitcoin Reserve (HB0201, Failed)

Wyoming Bitcoin Reserves

Wyoming Legislative Breakdown

State BTC Reserves % of US Holdings Legal Status Last Updated Key Laws and Regulations
Wyoming (WY) No official reserve 0% Friendly 2025-04-30
  • HB0201: Strategic Bitcoin Reserve, up to 3% state funds in Bitcoin (proposed, failed, 2025)
  • Stable Token Act: Authorizes state-issued stablecoin, WYST, launching July 2025 (enacted 2023)
  • SF0096: Protects crypto and fiat in covered accounts from bankruptcy (enacted 2024)
  • DAO Supplement: Allows DAOs to incorporate as LLCs (enacted 2021)
  • HB 74: Creates Special Purpose Depository Institutions for crypto custody (enacted 2019)
  • HB 19: Exempts crypto from Money Transmitter Act (enacted 2018)
  • HB 70: Exempts utility tokens from securities regulations (enacted 2018)
  • SF 111: Exempts virtual currencies from property taxation (enacted 2018)
  • HB 101: Authorizes blockchain for corporate records (enacted 2018)

Wyoming Strategic Bitcoin Reserve

Current status is PROPOSED (FAILED)

Wyoming proposed HB0201 to allow up to 3% of state funds, such as the Permanent Mineral Trust Fund, to be invested in Bitcoin, aiming to diversify investments. The bill failed committee review in 2025. Wyoming remains a crypto leader, with over 35 crypto-friendly laws and the upcoming WYST stablecoin launch in July 2025.

Using the Permanent Mineral Trust Fund (~$10.4 billion), Wyoming could have potentially purchased approximately 3,052 BTC, assuming a BTC price of $102,182, if HB0201 had been enacted.

7/1/2025
PLANNED
Wyoming Stable Token (WYST), a fully reserved, fiat-backed stablecoin, is set to launch, monitored by Inca Digital.
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3/1/2025
FAILED
HB0201, Strategic Bitcoin Reserve, failed committee review, halting plans to invest state funds in Bitcoin.
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1/17/2025
PROPOSED
Rep. Jacob Wasserburger introduced HB0201, allowing up to 3% of state funds for Bitcoin investments.
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3/15/2024
ENACTED
SF0096, protecting crypto and fiat in covered accounts from bankruptcy, signed into law, effective July 1, 2024.
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7/1/2021
ENACTED
Decentralized Autonomous Organization Supplement allows DAOs to incorporate as LLCs.
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2/26/2019
ENACTED
HB 74 creates Special Purpose Depository Institutions for crypto custody services.
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3/1/2018
ENACTED
HB 19 exempts crypto from Money Transmitter Act, easing exchange operations.
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3/1/2018
ENACTED
HB 70 exempts utility tokens from securities regulations.
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3/1/2018
ENACTED
SF 111 exempts virtual currencies from property taxation.
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3/1/2018
ENACTED
HB 101 authorizes blockchain for corporate records.
Read More โ†’