Wyoming's new regulation: Insurance companies can invest in Bitcoin, the first case in the United States.

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Wyoming modifies insurance regulations to allow insurance companies to invest in Bitcoin.

Recently, Wyoming, USA revised its insurance regulations, opening the door for domestic insurance companies to invest in Bitcoin and other digital assets. This amendment was passed by the state's legislative body last month and will officially take effect on July 1.

A well-known law firm commented on this, stating that it is the first case of its kind in U.S. regulations. However, they also pointed out that it remains to be seen whether insurance companies will actually make use of this new law.

It is worth noting that Wyoming has always been one of the states with a friendly attitude towards cryptocurrency and blockchain technology. In the past two years, the state has successively passed a series of relevant laws, including recognizing cryptocurrency as a currency and providing favorable tax treatment for cryptocurrency.

This latest initiative further highlights Wyoming's forward-thinking approach to embracing emerging financial technologies. As the digital asset market continues to evolve, whether other states will follow Wyoming's example will become a focal point of industry attention.

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AirdropHunter420vip
· 18h ago
First started running.
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MetaEggplantvip
· 18h ago
Is the bull run of making money while lying down far away?
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P2ENotWorkingvip
· 18h ago
Gave BTC another boost.
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BearMarketSurvivorvip
· 18h ago
btc to the moon!
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rugpull_ptsdvip
· 18h ago
Redneck State has actually woken up.
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ForkTonguevip
· 18h ago
Insurance has started to invest in BTC bull and snake.
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