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Crypto-Friendly Wyoming Introduces Bill to Tokenize Stock Certificates
“The articles of incorporation or bylaws of a corporation may specify that all or a portion of the shares of the corporation may be represented by share certificates in the form of certificate tokens.” If passed, the bill would take effect on July 1, 2019, after which corporations may issue certificate tokens instead of stock certificates. “The electronic message, command or transaction that transmits the certificate tokens to the data address to which a certificate token was issued shall be authorized at the time of issuance by one (1) or more messages, commands or transactions signed with the network ... (full story)