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Texas House Gives Crypto-friendly Bill the Green Light


Texas House Gives Crypto-friendly Bill the Green Light
Last Updated: 12 May 2021
The Texas House of Representatives has passed a crypto bill to include cryptocurrencies under the state’s commercial laws.
In a session at the Texas Legislature, the House passed the proposal that would amend the Uniform Commercial Code (UCC) in the state. If approved by the Senate, the new commercial law will include blockchain innovation and digital assets regulations. The bill was introduced to the House by Tan Parker in March.
The bill will now be handed over to the Senate, who will make any amendments and pass it if members approve. If passed, it will be signed by the Governor of Texas, Greg Abbott, and become law. ....

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Ripple Officially Registers As Wyoming-Based Business


Ripple Officially Registers As Wyoming-Based Business
Last Updated: 22 February 2021
In a very interesting twist, the Wyoming Secretary of State’s records show that Ripple Markets WY LLC is now officially registered as a business based in Wyoming. This comes after Ripple had initially filed for Wyoming registration back in February of 2020. With the new base of operations as a limited liability company, Ripple itself will now boast a registered agent, based in Cheyenne.
Wyoming Trying Hard For Crypto Haven Status
Caitlin Long gave a comment about the matter at large. According to Long, more and more firms are realizing that Wyoming is the better choice between itself and Delaware, citing the state’s more crypto-friendly legislation. ....

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