Select committee moves to draft cash-equivalency bill and form Frontier token working group
The committee directed staff to draft a cash-equivalency bill, assemble an operational working group (university, treasurer, YDOT, tourism, registered agents) to pilot Frontier token usage, and restructure the Stable Token Commission into a Digital Asset Authority with updated appointment rules.
The full story
The select committee voted, without recorded objection, to ask the Legislative Service Office to draft legislation to allow state entities to engage with the Frontier token in a cash-equivalent capacity and to create an operational working group to pilot Frontier token use across state agencies.
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