2018 HB 19 (Enrolled Act HEA 1, Ch. 3) — Wyoming Money Transmitter Act, virtual currency exemption

Bitcoin Research — Law, Regulation, Markets & Origins (2026)

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Wy

2018

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Research, not advice. Part of the Bitcoin research archive (October 2026). Claims labelled unverified, contested or fringe are reported, not endorsed; statuses of bills and rules are as of the date checked. Government, court and patent records are public domain; the research notes are CC BY 4.0.

ORIGINAL HOUSE
BILL NO. HB0019

       ENROLLED ACT NO. 1, HOUSE OF REPRESENTATIVES

       SIXTY-FOURTH LEGISLATURE OF THE STATE OF WYOMING
                    2018 BUDGET SESSION

AN ACT relating to trade and commerce; amending the Wyoming
Money Transmitter Act to provide an exemption for virtual
currency; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

     Section 1. W.S. 40-22-102(a) by creating a new
paragraph (xxii) and 40-22-104(a)(iv), (v) and by creating
a new paragraph (vi) are amended to read:

     40-22-102.   Definitions.

     (a)   As used in this act:

          (xxii) "Virtual currency"       means   any   type   of
digital representation of value that:

               (A) Is used as a medium of exchange, unit
of account or store of value; and

               (B) Is not recognized as legal tender by
the United States government.

     40-22-104.   Exemptions.

     (a)   This act shall not apply to:

          (iv) Banks,   bank   holding   companies,  credit
unions, building and loan associations, savings and loan
associations, savings banks or mutual banks organized under
the laws of any state or the United States provided that
they do not issue or sell payment instruments through
authorized delegates or subdelegates who are not banks,
bank holding companies, credit unions, building and loan

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ORIGINAL HOUSE
BILL NO. HB0019

       ENROLLED ACT NO. 1, HOUSE OF REPRESENTATIVES

       SIXTY-FOURTH LEGISLATURE OF THE STATE OF WYOMING
                    2018 BUDGET SESSION

associations, savings and loan associations, savings banks
or mutual banks; and

          (v) Electronic transfer of government benefits
for any federal, state or county governmental agency as
defined in Federal Reserve Board Regulation E by a
contractor for and on behalf of the United States or any
department, agency or instrumentality thereof, or any state
or any political subdivisions thereof;. and

          (vi) Buying, selling, issuing, or taking custody
of payment instruments or stored value in the form of
virtual   currency   or receiving  virtual   currency  for
transmission to a location within or outside the United
States by any means.

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ORIGINAL HOUSE
BILL NO. HB0019

       ENROLLED ACT NO. 1, HOUSE OF REPRESENTATIVES

       SIXTY-FOURTH LEGISLATURE OF THE STATE OF WYOMING
                    2018 BUDGET SESSION

     Section 2. This act is effective immediately upon
completion of all acts necessary for a bill to become law
as provided by Article 4, Section 8 of the Wyoming
Constitution.

                             (END)

Speaker of the House                  President of the Senate

                           Governor

                  TIME APPROVED: _________

                  DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk

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