The U.S. Securities and Exchange Commission (SEC) has officially approved generic listing standards for crypto ETFs, streamlining the process for spot digital asset exchange-traded funds. Under Rule 6c-11, stock exchanges such as the Nasdaq, NYSE Arca, and Cboe BZX can now list crypto ETFs without requiring case-by-case approval from the SEC.

Texas is taking the lead in digital assets with the Money Services Modernization Act, clear rules for stablecoins, and even a proposed Bitcoin reserve. By blending regulation with bold experimentation, Texas is positioning itself as a U.S. hub for crypto innovation and financial policy that could reshape how investors and businesses interact with digital assets.

Wyoming just made history with the launch of the Frontier Stable Token (FRNT), the first U.S. state-issued stablecoin. Backed 102% by U.S. dollars and Treasuries, FRNT promises faster payments, government efficiency, and public benefit funding through school programs. Supporters see it as a breakthrough in digital money, while critics call it a “state CBDC.” Here’s why FRNT matters for investors, states, and the future of blockchain.