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University of Wyoming to Generate Revenue From Crypto Staking

From decrypt.co

Wyoming has already welcomed crypto banks and blockchain investment. Now, it’s putting some skin in the game itself. In an appropriations bill signed by the governor this month, Wyoming earmarked $4 million for a cryptocurrency staking program to be run by the University of Wyoming, the state’s lone public four-year university. “Staking,” which amounts to locking up cryptocurrency so it can be used to validate blockchain transactions and mint new tokens, is a popular way for cryptocurrency holders to put their assets to work and earn some profit. The University of Wyoming Cryptocurrency Staking Program provides a ... (full story)

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