tldr; Wisconsin lawmakers have introduced a bill aimed at reducing regulatory barriers for cryptocurrency staking, which is currently restricted under state law. Advocates argue that these restrictions have cost Wisconsinites over $4 million in staking earnings and hinder the state’s economic competitiveness. The bill seeks to align Wisconsin with other states by creating clear and predictable rules, allowing residents to participate in proof-of-stake networks and fostering innovation and talent retention.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Wisconsin lawmakers have introduced a bill aimed at reducing regulatory barriers for cryptocurrency staking, which is currently restricted under state law. Advocates argue that these restrictions have cost Wisconsinites over $4 million in staking earnings and hinder the state’s economic competitiveness. The bill seeks to align Wisconsin with other states by creating clear and predictable rules, allowing residents to participate in proof-of-stake networks and fostering innovation and talent retention.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.