Public Finance

South Dakota Bill Would Let State Invest 10% of Funds in Bitcoin

A bill introduced by Republican Logan Manhart would allow up to 10% of South Dakota's state-managed funds to be invested in Bitcoin. The proposal joins a growing number of U.S. states debating crypto allocations amid questions about risk and diversification.

Published at 2026-01-28 10:30:21
Wyoming to Launch Frontier Stable Token: First U.S. State-Issued Stablecoin Supporting Public Schools – cover image
Wyoming to Launch Frontier Stable Token: First U.S. State-Issued Stablecoin Supporting Public Schools

Wyoming is set to launch the Frontier Stable Token (FRNT) on September 3, 2025, marking the first U.S. state-issued stablecoin. Fully backed by U.S. dollars and treasury bills, this innovative digital asset will be available on seven major blockchains and aims to revolutionize payments while funding public schools.