Why Bitcoiners Choose Wyoming
Every state offers LLCs. Wyoming's are built different — in ways that matter specifically to people who hold, mine, build with, or transact in Bitcoin.
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Wyoming's Articles of Organization do not require member or manager names. The only publicly visible information is your LLC name and your registered agent's address. Your personal name, home address, and ownership percentage appear nowhere in the state's public database.
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Wyoming levies zero state income tax on individuals or corporations. The total annual cost to maintain a Wyoming LLC is a $60 annual report fee. Compare that to California's $800 minimum franchise tax or Delaware's $300+ annual tax.
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Wyoming extends charging-order protection to single-member LLCs. A creditor cannot force a distribution, seize LLC assets, or vote your membership interest. For Bitcoin held inside an LLC, this means a personal creditor cannot reach the LLC's holdings.
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Wyoming formally classifies digital assets as intangible personal property under state law. The state also created the SPDI bank charter for crypto custody (Kraken operates under it from Cheyenne), legalized DAO LLCs, created the DUNA structure, and launched FRNT — America's first state-issued stablecoin.
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You do not need to be a US citizen or resident to form a Wyoming LLC. Your principal office can be located anywhere in the world. The registered agent provides the required Wyoming address.
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One annual report per year. $60 state fee (for LLCs under $300K in WY assets). No state income tax return. No quarterly filings. No franchise tax. Close to the minimum viable legal structure.

