In what could be a world first, a billion-dollar blockchain company donated $500,000 in its own cryptocurrency to help fund the new Advanced Blockchain Research and Development Laboratory at the University of Wyoming.
The University of Wyoming Foundation converted the donation to dollars, thanks to new laws on the Wyoming books that allow it to take donations in cryptocurrency. A former donor who tried to give the University of Wyoming a large donation in bitcoin catalyzed and even lobbied for the law changes.
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