Bitcoin in Wyoming: what to know
Wyoming regulates crypto ATMs (kiosks); see the rules below. No state income tax, and digital assets are exempt from Wyoming property tax; federal tax still applies.
Bitcoin has one price in US dollars across the country: the price on this page is the same as on the bitcoin price in the United States page, where federal tax rules are covered in full. What differs in Wyoming is state law and tax, explained below.
Crypto ATMs in Wyoming
HB 75 (2026 Session Laws ch. 60, signed March 6, 2026, effective immediately) lets only licensed money transmitters or chartered financial institutions operate crypto kiosks, and knowingly breaking that rule is a felony. The banking commissioner may set further rules. No dollar caps appear in the statute. Scammers often tell victims to pay through crypto ATMs: no government agency, bank or utility asks for payment in bitcoin.
Buying bitcoin in Wyoming
Wyoming has generally exempted virtual currency from its Money Transmitters Act since 2018, but kiosk operators now need a money transmitter license under HB 75. Buying bitcoin carries no sales tax; you pay the exchange's spread and fees.
Tax on bitcoin in Wyoming
No state income tax, and digital assets are exempt from Wyoming property tax; federal tax still applies. Federally, the IRS treats bitcoin as property: selling, trading or spending it is a taxable event, with short-term gains (held a year or less) taxed as ordinary income and long-term gains at 0%, 15% or 20%; bitcoin received as pay or from mining is income. Exchanges and other custodial brokers report sales on Form 1099-DA: gross proceeds for sales from 1 January 2025, and cost basis for many sales from 1 January 2026. Every Form 1040 asks whether you received or disposed of a digital asset.
State bitcoin reserve
A 2025 bill letting the state invest in bitcoin (HB 201) failed.
Other crypto laws in Wyoming
Wyoming charters crypto-focused Special Purpose Depository Institution (SPDI) banks, recognizes DAO LLCs, and in August 2025 launched the Frontier Stable Token (FRNT), the first state-issued stablecoin.
Legal and tax information last reviewed October 2026. Crypto rules change quickly — check with the regulator or tax authority, or a qualified adviser, before acting. This is not tax, legal or investment advice.