- The head is planned to be hired as part of the first steps to create a state stablecoin.
- The person must have experience in the blockchain industry.
- The salary is promised $150,000 per year.
The US state of Wyoming launches a stablecoin project and announces about the vacancy of the head of the commission on stablecoins. The responsibilities of the employee include leading a team responsible for creating the necessary legislative framework for the implementation of this initiative.
On July 20, a vacancy announcement was posted on the website of the federal state civil vacancies. The candidate must have experience in the blockchain industry and the salary is offered in the amount of $150,000 per year.
The Wyoming Stablecoin Proposal was introduced in February 2022 but became law in March 2023. The law allows for the issuance of a USD-pegged stablecoin that can be exchanged for fiat currency held in a state account.
The state of Wyoming is a cryptocurrency-friendly jurisdiction. In February, members of the House of Representatives voted for a bill that would ban the forced disclosure of encrypted crypto keys to protect the privacy of digital asset owners.