Recent events have brought more interest in crypto. Elon Musk famously shilled doge to close to the top of the pile in this very volatile market and then there was that $1.5 Billion purchase earlier. FOr people like Senator Cynthia Lummis of Wyoming, this was an opportunity to bring business from one of the wealthiest men in the world to her state.

Wyoming is slowly growing into one of the better crypto-friendly locations in the United States.

“More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws,” said Caitlin Long on Twitter.

Caitlin Long is the CEO of digital bank Avanti Bank & Trust and associated with the state legislature’s Select Committee on Blockchain, Financial Technology and Digital Innovation.

This information came at a time when Ripple Markets WY LLC, a subsidiary of Ripple Labs is officially registered as a local business after an initial filing in February 2020.The main company still stayed in San Fransisco, but for how long?

Unlike most parts of America, crypto companies in Wyoming get to enjoy numerous tax exemptions that include property and sales tax.

The development distinctly differs from my country where the government are intentionally desensitized and talk utter rubbish to sway public opinion against it. Sadly, nobody believes anything the government says anymore, so I hope it won't make much difference.

What about Nigeria?

it is really embarrassing to see the central bank of my country coming on live television to say that cryptocurrencies are printed out of thin air. He doesn't even understand crypto to blockchain level and constantly spouts crap about it.

In a weird turn of event, the vice president contradicted the governor of the central bank by dropping a mildly bullish tweet that partially endorses cryptocurrencies in Nigeria.

It is not unusual for disconnects like this to happen in Nigeria. The entire country is currently on cruise control, as our bewildered democratically elected dictator continues steering the economy down the toilet.

Their fight against cryptocurrencies in Nigeria is clearly disjointed and just like everything else, it lacks planning and any coherency. However, the ban on crypto companies in Nigeria still stands and banks have to distance themselves from such entities.

Oh well

Governments are still trying to understand the whole idea of people controlling their own finances, in a place that's safe from their manipulations. If it were left to most of them, they would probably just kill the whole industry because politicians generally hate what they can't manipulate.

However, looking at the United States, a country that still has a divide in terms of crypto acceptance, make moves of this nature is pleasant to read. How I see it, having more people from the US on our side is good for business because, well, they're rich.

I think that is why it is refreshing to see actual government officials moving towards creating a crypto-friendly environment. Maybe one day I'll move to that state and could just pay my school fees with Bitcoin or something, as I sort out my emigration plans.