MCDERMOTT WILL & EMERY: WYOMING PROTECTS CRYPTOCURRENCY, FIAT CUSTOMERS WITH FIRST-OF-ITS-KIND CRYPTOCURRENCY BANKRUPTCY LAW
March 29, 2024
March 29, 2024
CHICAGO, Illinois, March 29 -- McDermott Will and Emery, a law firm, issued the following news release on March 28, 2024:
On March 15, 2024, the state of Wyoming enacted a first-of-its-kind cryptocurrency bankruptcy law (SF0096) that will protect cryptocurrency and fiat customers subject to "covered accounts" who provide their assets to Wyoming trust companies and special purpose depository institutions. Staking, staking as a service, sub-custodians and third-party platfor . . .
On March 15, 2024, the state of Wyoming enacted a first-of-its-kind cryptocurrency bankruptcy law (SF0096) that will protect cryptocurrency and fiat customers subject to "covered accounts" who provide their assets to Wyoming trust companies and special purpose depository institutions. Staking, staking as a service, sub-custodians and third-party platfor . . .