Wyoming 2025 2025 Regular Session

Wyoming House Bill HB0308 Introduced / Bill

Filed 01/28/2025

                    2025
STATE OF WYOMING
25LSO-06011HB0308
HOUSE BILL NO. HB0308
Cryptographic Frontiers Act.
Sponsored by: Representative(s) Singh, Filer, Wasserburger 
and Yin
A BILL
for
1 AN ACT relating to trade and commerce; requiring the 
2 attorney general to investigate specified federal overreach 
3 involving blockchain or cryptocurrency related actions 
4 reported by Wyoming residents; authorizing the attorney 
5 general to file or intervene in lawsuits as specified; 
6 providing definitions; and providing for an effective date.
7
8
9
10.  W.S. 40-32-101 through 40-32-103 is 
11 created to read:  
12
13 CHAPTER 32
14 CRYPTOGRAPHIC FRONTIERS ACT
15 2025STATE OF WYOMING25LSO-06012HB03081
2
3 This act shall be known and may be cited as the 
4 "Cryptographic Frontiers Act".
5
6
7
8 (a)  As used in this act unless the context otherwise 
9 requires:
10
11 (i)  "0x Addresses" means a human readable 
12 representation of bytes providing an address to locate 
13 blockchain transactions, CID's, wallet addresses, tokens or 
14 other blockchain related constructs;
15
16 (ii)  "Ascription" means to cryptographically 
17 sign a blockchain transaction (or similar analog), CID or 
18 protocol with special attributes disambiguating 0x 
19 Addresses of different blockchains and blockchain 
20 transactions;
21
22 (iii)  "Blockchain" means as defined in W.S. 
23 34-29-106(g); 2025STATE OF WYOMING25LSO-06013HB0308
1
2 (iv)  "Blockchain transaction" means a unit of 
3 information in the form of a protocol inserted into a 
4 blockchain block or similar analog;
5
6 (v)  "By application" means initially by web 
7 application then by ascription and seal pending 
8 implementation constraints;
9
10 (vi)  "Content identifier" or "CID" means a 
11 cryptographic hash-based reference to digital content;
12
13 (vii)  "Cryptocurrency" means a type of digital 
14 asset that operates on its own native blockchain;
15
16 (viii)  "Cryptographically sign" means the 
17 signing of a message, record, CID, blockchain transaction 
18 or similar analog or any other information using private 
19 keys;
20
21 (ix)  "Cryptographically signing a blockchain 
22 transaction" means signing information in the form of a 
23 protocol along with a timestamp inserted into a blockchain  2025STATE OF WYOMING25LSO-06014HB0308
1 transaction through the processes of cryptographic signing 
2 using a public key infrastructure or other cryptographic 
3 proofs algorithm;
4
5 (x)  "Private key" means as defined in W.S. 
6 34-29-101(a)(v);
7
8 (xi)  "Token" means a cryptographically signed 
9 protocol of a mathematical curve having starting and ending 
10 values or metrics defining relationships of one (1) or more 
11 metrics.
12
13
14
15
16 (a)  The attorney general shall investigate claims by 
17 Wyoming residents or businesses of constitutional 
18 violations or overreach by the federal government in each 
19 of the following areas:
20
21 (i)  Unlawful financial service disruptions 
22 including:
23 2025STATE OF WYOMING25LSO-06015HB03081 (A)  Debanking of Wyoming residents;
2
3 (B)  Interference with special purpose 
4 depository institution's bank and master account access;
5
6 (C)  Restrictions on stable coin usage.
7
8 (ii)  Unlawful restrictions on the exercise of 
9 free expression made through:
10
11 (A)  Cryptocurrency, token or blockchain 
12 transactions;
13
14 (B)  Testing and simulation activities 
15 including the use of testnets;
16
17 (C)  Cryptographic signing of blockchain 
18 transactions;
19
20 (D)  Smart contract deployment;
21
22 (E)  CID creation and cryptographic signing;
23 2025STATE OF WYOMING25LSO-06016HB03081 (F)  On-chain governance;
2
3 (G)  Tokenized voting systems;
4
5 (H)  Decentralized governance mechanisms;
6
7 (J)  Access to financial services when 
8 exercising any of the protected expressions under this 
9 paragraph.
10
11 (iii)  Unreasonable searches or seizures of:
12
13 (A)  Private keys;
14
15 (B)  Digital assets;
16
17 (C)  Cryptographically signed data;
18
19 (D)  Blockchain transactions;
20
21 (E)  Cryptographically signed or ascribed 
22 data, including blockchain transactions, smart contracts,  2025STATE OF WYOMING25LSO-06017HB0308
1 CID's or other similar analog representations of 
2 information, data or records.
3
4 (iv)  Unlawful federal actions compelling 
5 disclosure or production of:
6
7 (A)  Private keys;
8
9 (B)  Seed phrases;
10
11 (C)  Cryptographic secrets;
12
13 (D)  Transaction histories;
14
15 (E)  Wallet contents;
16
17 (F)  Self-incriminating digital asset 
18 information;
19
20 (G)  Digital asset forfeitures;
21
22 (H)  Cryptocurrency seizures;
23 2025STATE OF WYOMING25LSO-06018HB03081 (J)  Blockchain-based activity regulation.
2
3 (v)  Unlawful federal overreach burdening:
4
5 (A)  Intrastate cryptocurrency transactions;
6
7 (B)  Digital identity implementations;
8
9 (C)  Cryptographic signing activities;
10
11 (D)  Smart contract deployments;
12
13 (E)  Token governance systems;
14
15 (F)  Cryptographically signed or ascribed 
16 data, including blockchain transactions, smart contracts, 
17 CID's or other similar analog representations of 
18 information, data or records;
19
20 (G)  Interference with state level 
21 regulations of digital assets.
22 2025STATE OF WYOMING25LSO-06019HB03081 (b)  The attorney general may seek to initiate a 
2 lawsuit, or intervene or file an amicus curiae brief in any 
3 lawsuit filed in any state or federal court in Wyoming, or 
4 filed against any Wyoming resident or business in any other 
5 jurisdiction as a result of unlawful federal infringement 
6 on the rights described in subsection (a) of this act if, 
7 in his judgment, the federal action endangers the rights of 
8 Wyoming residents or businesses. Before initiating or 
9 intervening in any lawsuit pursuant to this section, the 
10 attorney general shall obtain the approval of the governor.
11
12.  This act is effective July 1, 2025
13
14 (END)