(a) As used in this act: (i) "Commission" means the Wyoming stable token commission created by W.S. 40-31-103; (ii) "Board" means the board of the Wyoming stable token commission; (iii) "Director" means the director of the Wyoming stable token commission; (iv) "Financial institution" means any entity approved by the commission to act as a manager or otherwise to manage, operate and maintain Wyoming stable tokens; (v) "Notional value" means face value; (vi) "Token holder" means a person who lawfully owns any portion of a Wyoming stable token; (vii) "Treasurer" means the state treasurer; (viii) "Wyoming stable token" means the virtual currency issued by the commission pursuant to this act; (ix) "Virtual currency" means as defined in W.S. 34- 29-101(a)(iv); (x) "This act" means W.S. 40-31-101 through 40-31- 110.
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