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Cynthia Lummis: “We have seen other states adopt our SPDI laws, use our laws…”

Featuring: Cynthia Lummis, Republican | U.S. Senate Wyoming

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Cynthia Lummis Talks US Bitcoin Reserve and Market Structure's Path Through Senate

Published | Video Starts at 07:42

Do you kind of see that the same with Wyoming kind of leading the way with digital assets and like that other states will follow what Wyoming did or do you see them coming up and popping up with their own initiatives? Well, We have seen other states adopt our SPDI laws, use our laws as a template for their statutes. Nebraska did that for example, and several others. So we, we think other states are already looking to Wyoming for those ideas and then they will adapt them to their system of governance for state banks and OCC regulated banks and for tokenized only banking. (07:42–07:53)

CLAIM

Asserts that other states have adopted Wyoming's SPDI laws as templates for their statutes.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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