Wyoming Stablecoin Commission Considers SEC Rules for WYST Token

The Wyoming Stable Token Commission, tasked with issuing a state-issued stablecoin in the US state of Wyoming, is considering adjustments to its language regarding potential SEC guidelines. The commission aims to align their approach with SEC rules and reduce the risk that the WYST stablecoin could be considered a security under SEC regulations. discussions were prompted by the SEC’s recent release of guidance on