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Wyoming’s Vaultseason: Cynthia Lummis, Kraken, and the Stablecoin You’re Ignoring | by Chip Mahoney | The Capital | Jun, 2025

by Catatonic Times
July 3, 2025
in Altcoin
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When you’ve learn my publication Entrance Run The Week, you realize I’ve been monitoring how the subsequent section of crypto gained’t simply occur in protocols, however in jurisdictions vaulting their very own liquidity. It’s occurring proper below our noses in Wyoming.

Whereas DC debates stablecoins, Wyoming is already constructing one. Senator Cynthia Lummis, Wyoming’s fiercest crypto advocate, isn’t simply rooting for Bitcoin on a podcast. She’s serving to design a financial blueprint for a state to personal its economic system.

“Monetary innovation will occur whether or not regulators need it to or not. Wyoming’s function is to ensure it occurs safely and transparently,” Senator Lummis advised the College of Wyoming blockchain convention in 2024.

That single sentence is a declaration of sovereign financial intent.

Kraken’s determination to shift its international HQ from San Francisco to Cheyenne shouldn’t be a press launch for clicks — it’s a monument. Kraken’s president Dave Ripley mentioned it finest:

“Wyoming’s authorized framework is probably the most forward-looking within the nation. That offers us certainty, and that certainty offers us confidence.”



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Tags: CapitalChipCynthiaIgnoringJunKrakenLummisMahoneystablecoinVaultseasonWyomingsYoure
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