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Loeb & Loeb LLP

Wyoming Debuts First U.S. State-Issued Stablecoin — Frontier Stable Token (FRNT)

Loeb & Loeb LLP on

Wyoming has officially launched the Frontier Stable Token (FRNT), the first stablecoin in the U.S. issued by a public entity. Fully backed by U.S. dollars and short-term treasury bills, with reserves legally required to...more

Troutman Pepper Locke

Treasury Issues Request for Comment on Innovative Methods to Detect Illicit Activity Involving Digital Assets

Troutman Pepper Locke on

On August 18, the U.S. Department of the Treasury issued a Request for Comment, inviting interested members of the public to provide input on innovative methods to detect and mitigate illicit finance risks involving digital...more

Orrick, Herrington & Sutcliffe LLP

Wyoming debuts first state-issued stablecoin in the U.S.

Orrick, Herrington & Sutcliffe LLP on

On August 19, Wyoming launched the Frontier Stable Token (FRNT), under the supervision of the Wyoming Stable Token Commission (WSTC), making it the first state in the U.S. to issue a government-backed stablecoin. The...more

Paul Hastings LLP

Seven Things to Know About California’s New Crypto Licensing Bill

Paul Hastings LLP on

As the world’s fifth-largest economy, the state of California plays a critical role in technological innovation globally, including in the areas of blockchain and financial technology. However, until now, the California...more

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