- The executive is scheduled to be hired as part of the first steps in creating the state’s stablecoin.
- The person must have experience in the blockchain industry.
- The salary is promised at $150,000 per year.
The U.S. state of Wyoming is launching a stablecoin project and announcing a job opening for the head of its stablecoin commission. The employee will be responsible for leading the team responsible for creating the necessary legislative framework for the initiative.
A job posting was posted on the federal government civilian job site on July 20. The candidate must have experience in the blockchain industry, and the salary is offered at $150,000 per year.
The Wyoming stable coin proposal was introduced in February 2022, but became law in March 2023. The law allows for the issuance of a U.S. dollar-linked stablecoin that can be exchanged for fiat currency held in a state account.
The State of Wyoming is a cryptocurrency-friendly jurisdiction. In February, House members voted in favor of a bill that would prohibit forced disclosure of encrypted crypto keys to protect the privacy of digital asset owners.
House members voted in favor of a bill that would prohibit forced disclosure of encrypted crypto keys to protect the privacy of digital asset owners.