Wyoming is trying to be part of the innovation and the benefits that it brings to their jurisdiction. Capital would flow to the state which will improve employment, thus having a domino positive impact to their local economy. Unfortunately, federal laws can overpower state laws, particularly when dealing with commodities and exchanges. States do have more power on the money transmission business though. Hopefully the moves by Wyoming could impact other states which would force the Federal government and its regulatory agencies to take this interpretations into consideration to provide clarity.