Wyoming Administrative Code Agency 091 - Wyoming Stable Token Commission
Here’s a consolidated overview of Agency 091 – Wyoming Stable Token Commission (Sub‑Agency 0001: General Agency, Board or Commission) in the Wyoming Administrative Code:
📘 Structure & Content
Sub‑Agency 0001 contains Chapters 1–5, covering:
General provisions
Procurement by RFP
Procurement by sealed bidding, negotiation, etc.
Post‑award performance
Dispute resolution & discipline (regulations.justia.com, regulations.justia.com)
📙 Key Definitions (Chapter 1 §1‑2)
The Commission—formed under W.S. 40‑31‑102(a)(viii)—maintains definitions supplementing state statutes, particularly around terms like “Bid,” “Bidder,” “Bid irregularity,” “Debarment,” “Emergency situation,” and “Materials” (regulations.justia.com).
Clarifications include what constitutes an emergency—e.g. pandemics, hacks, infrastructure failure—or a disruption to public welfare or the token system .
⚖️ Oversight, Authority & Scope
Agency 091 is empowered by Senate Enrolled Act 85 (2023)—the Wyoming Stable Token Act—to issue the WYST stable token fully backed by U.S. dollars held in state trust (wyoleg.gov).
The agency's board comprises:
Governor (chair),
State Auditor,
State Treasurer,
Plus four appointed subject-matter experts,
Executive Director Anthony Apollo (appointed Sept 18, 2023) (content.govdelivery.com, wyoleg.gov).
📋 Procurement & Operational Rules
Chapters 2 and 3 detail procurement procedures:
RFP processes, sealed bidding, competitive and non-competitive negotiation, including definitions and protocols for bidders, bid irregularities, and debarment (regulations.justia.com).
Post-award compliance and disciplinary measures outlined in Chapters 4 and 5 ensure governance integrity (regulations.justia.com).
🧾 Updates & Status
The definitions and rule provisions are current through March 29, 2025, though earlier versions were effective until March 20, 2025 (regulations.justia.com).
Proposed rules on Reserves Management, Procurement, and WPRA fee structures were open for public comment into mid-2025—specifically through June 30, 2025 (stabletoken.notion.site).
🔎 Want More Detail?
Justia hosts the full text of each chapter and section (Chapters 1–5) .
Cornell LII provides archived versions for historical comparison (law.cornell.edu).
The Commission’s Q2 2025 Update includes context on rulemaking, blockchain network selection, testing phases, procurement activity, and projected July 2025 token launch (wyoleg.gov).
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