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Why a blockchain manufacturer chose to locate in Wyoming « Back to Search Results

What would you do to guarantee that your business was on firm legal footing? For companies in the blockchain space the answer is easy - move to Wyoming.

Few states have passed legislation classifying or regulating blockchain businesses. For most, this creates a risky situation. No legislation means individual agencies and local governments have the authority to treat each blockchain company with a different set of rules, restrictions and guidelines.

This is no way to operate and makes it difficult, if not impossible, to develop a business plan and operate strategically.

As a result, many blockchain companies have chosen to locate overseas. Fortunately, Wyoming is doing things differently.

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Fast Fact Image

Upton is located 70 miles east of thirteen open pit coal mines, including the Thunder Basin Coal Mine, the nation's largest. You can arrange to have guided tours to learn more about this critical industry in northeast Wyoming. Upton and Newcastle are on the railroad right-of-way that ships most of the coal to midwestern and eastern markets. There is an average of 75 Burlington Northern Santa Fe railroad trains that pass through Weston County daily. This is a train watchers heaven!