On February 16, the Wyoming State Senate introduced a new bill on the property tax.

The Wyoming Senate Bill was introduced by Senators Ogden Driskill, Tara Nethercott and Chris Rothfuss, as well as by representatives Tyler Lindholm, David Miller and Jared Olsen. All are Republicans with the exception of Senator Rothfuss.

The bill received 26 "ayes", from a mix of Republicans and Democrats, 3 "against", all from Republicans, and 1 "excused."

This Republican-Democrats-backed bill comes as a bipartisan movement of more and more important US lawmakers calls for more crypto regulation

The bill is short and precise, proposing a list of "intangible elements". be eligible for exemption from property tax, such as fiat money, gold, bank checks and "virtual currencies". Virtual currencies are defined as anything that numerically represents the value as a means of exchange or a unit of value.

Tax requirements for the benefits of cryptocurrency in the United States are relatively unclear as the crypto assets of US citizens are subject to federal goods and benefits taxes. However, the Personal Finance Credit Karma service reported that only 0.04% of clients reported their crypto assets to the US Internal Revenue Service (IRS) in 2017 through February 13th.