The proposed "Cryptographic Frontiers Act" establishes a framework for the Attorney General of Wyoming to investigate claims of federal overreach related to blockchain and cryptocurrency activities reported by residents and businesses. The bill outlines specific areas of concern, including unlawful financial service disruptions, restrictions on free expression through digital transactions, unreasonable searches and seizures of digital assets, and unlawful federal actions compelling the disclosure of private information. The Attorney General is empowered to initiate lawsuits or intervene in existing cases to protect the rights of Wyoming residents, contingent upon the approval of the governor.

Additionally, the bill provides definitions for key terms related to blockchain and cryptocurrency, such as "0x Addresses," "cryptocurrency," and "cryptographically sign." The act is set to take effect on July 1, 2025, and aims to safeguard the interests of Wyoming residents against perceived federal infringements in the rapidly evolving digital asset landscape.