The law would amend the Wyoming Legal Tender Act to require the state treasurer to establish a system to provide for the payment of state and local taxes with specie or specie legal tender "subject to authentication procedures ... that are consistent with precious metals industry standards."
The post Wyoming Bill Would Take Another Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.CHEYENNE, Wyo. (Aug. 13, 2018) – Efforts to encourage the use of cryptocurrency in Wyoming have already paid off. Earlier this month, crypto exchange Coinbase announced it will return to the state after a three-year absence thanks to a bill passed during the most recent legislative session. Efforts like this could ultimately undermine the Federal…
CHEYENNE, Wyo. (July 2, 2018) – Yesterday, a law defining gold and silver specie as legal tender and eliminating all taxes levied on it became law. This paves the way for Wyoming residents to use gold and silver in everyday transactions, a foundation step for the people to undermine the Federal Reserve’s monopoly on money.…
CHEYENNE, Wyo. (April 2, 2018) – Last month, Wyoming Gov. Matt Mead signed a bill into law to exempt cryptocurrency from property taxes. The new law will help expand the of use digital currency and could ultimately undermine the Federal Reserve’s monopoly on money. A bipartisan coalition of six senators and representatives introduced Senate Bill 111 (SF111)…
CHEYENNE, Wyo. (Mar. 19, 2018) – Last week, a bill that defines gold and silver specie as legal tender and eliminates all taxes levied on it became law. This paves the way for Wyoming residents to use gold and silver in everyday transactions, a foundation step for the people to undermine the Federal Reserve’s monopoly…
Ron Paul produced a video message urging Wyoming residents to contact Gov. Matt Mead and urge him to sign a bill that would define gold and silver specie as legal tender and eliminate all taxes levied on it. Paul said the legislation “has a great deal of significance.” Titled the Wyoming Legal Tender Act, House Bill 103 (HB103)…
CHEYENNE, Wyo. (Mar. 8, 2018) – Today, the Wyoming House gave final approval to a bill that would define gold and silver specie as legal tender and eliminate all taxes levied on it. Final passage into law would pave the way for the use of gold and silver in everyday transactions and could help undermine the…
CHEYENNE, Wyo. (Mar. 7, 2018) – Today, the Wyoming Senate passed a bill that would define gold and silver specie as legal tender and eliminate all taxes levied on it. Final passage into law would pave the way for the use of gold and silver in everyday transactions and could help undermine the Federal Reserve’s monopoly…
CHEYENNE, Wyo. (March 7, 2018) – Today, the Wyoming House unanimously passed a bill to exempt cryptocurrency from property taxes. The proposed law would expand the of use digital currency and help undermine the Federal Reserve’s monopoly on money. A bipartisan coalition of six senators and representatives introduced Senate Bill 111 (SF111) on Feb. 14. The legislation…
CHEYENNE, Wyo. (Feb. 28, 2018) – Yesterday, the Wyoming Senate passed a bill to exempt cryptocurrency from property taxes. The proposed law would expand the of use digital currency and help undermine the Federal Reserve’s monopoly on money. A bipartisan coalition of six senators and representatives introduced Senate Bill 111 (SF111) on Feb. 14. The legislation…