House Majority Whip Tom Emmer strongly opposes the Wyoming Stablecoin initiative


Name

House Majority Whip Tom Emmer strongly opposes the Wyoming Stablecoin initiative

Description

House Majority Whip Tom Emmer sharply criticized Wyoming’s newly announced plans to launch a state-backed stablecoin, WYST as early as July, 2025, calling it a state-controlled CBDC equivalent and a threat to decentralized principles.

Publish date

Mar 27, 2025 - 12:00am