1/9 Today is a big day for Wyoming, the official launch of the Wyoming Chancery Court! A new home court for the digital asset industry in the only state with a comprehensive digital asset legal framework. courts.state.wy.us/chancery-court/
2/9 Almost four years ago under the leadership of Gov. Matt Mead, the appointed @ENDOWyo council made a formal recommendation to the State of Wyoming to launch a chancery court.
3/9 That is, a court of specialized jurisdiction like that of Delaware aimed at increasing Wyoming’s ability to adjudicate disputes in the corp/business/trust/tech realm. At the same time, #Wyoming was building out one of the world’s first legal frameworks for digital assets.
4/9 With the @WYLegislature foresight to pass the chancery court legislation, the continued support of @GovernorGordon , and the Wyoming Supreme Court’s initiative to execute the launch, the Chancery Court is poised to make an incredible impact.
5/9 The court will provide a new forum with talented judges focusing on Wyoming’s already leading legal frameworks in areas such as corporate, business, trust and banking matters.
6/9 But the Chancery Court will now also provide a focused way for Wyoming to lead in applying, interpreting and enforcing its digital asset regime. #LLC's #DAO
7/9 This is not only amazing for Wyoming as it will be an economic diversification tool, but it allows Wyoming to quickly solidify its lead by developing well thought out case law. The digital asset space needs this desperately, and Wyoming is the perfect place to do it.
8/9 The new Chancery Court will be one of the fastest dockets in the country, and by developing this judicial expertise in Wyoming there will be no better place for such disputes.