Program Details
2025-11-17 13:00:00
Over 1,000+ webinars
Course Overview
2025-11-17 13:00:00
1h CLE Credits
Intermediate
1
1:00 pm - 1:15 pm ESTExplore Wyoming’s pioneering approach as the first state to issue a fiat-backed stablecoin, including the strategic rationale behind FRNT and its public good mission to fund education. Learn about the implementation process, blockchain infrastructure spanning seven chains, and the potential ripple effects as other states like North Dakota and Nebraska consider similar models.
Flavia Naves
Gary E. Kalbaugh 1:15 pm - 1:30 pm ESTUnderstand how fiat-backed stablecoins function differently from fractional reserve banking, operating as narrow banks with full one-to-one redemption guarantees. Discover the comparative advantages over traditional payment services and cryptocurrencies, including practical applications from tax payments to low-cost international remittances.
Flavia NavesGary E. Kalbaugh 1:30 pm - 1:45 pm ESTAnalyze the impact of the GENIUS Act passed in summer 2025, which provides a regulatory framework excluding stablecoins from securities and commodities jurisdiction. Examine how Wyoming positions itself relative to the Act’s requirements, the July 2026 federal rulemaking deadline, and the balance between safety standards and competitive innovation.
Flavia NavesGary E. Kalbaugh 1:45 pm - 2:00 pm ESTSurvey the evolving competition between state-issued and privately-issued stablecoins, and how major banks are positioning their strategies from building proprietary solutions to white-label partnerships. Assess the four key requirements for U.S. global leadership: flawless GENIUS implementation, blockchain interoperability, merchant acceptance, and international regulatory coordination.
Flavia NavesGary E. KalbaughDistinguished legal and compliance executive who has played a pivotal role in shaping the growth and innovation of financial services companies at every stage of development. Recognized for her entrepreneurial mindset, ability to anticipate regulatory shifts, and proven track record of driving businesses forward in highly complex markets.
Gary E. Kalbaugh is a partner in the New York office of Cahill Gordon & Reindel LLP and a nationally recognized leader in commodities, futures, and derivatives law. His practice spans commodities, futures and derivatives, digital assets and emerging technology, and capital markets, and he serves as Special Professor of Law at the Maurice A. Deane School of Law at Hofstra University.
Distinguished legal and compliance executive who has played a pivotal role in shaping the growth and innovation of financial services companies at every stage of development. Recognized for her entrepreneurial mindset, ability to anticipate regulatory shifts, and proven track record of driving businesses forward in highly complex markets.
Gary E. Kalbaugh is a partner in the New York office of Cahill Gordon & Reindel LLP and a nationally recognized leader in commodities, futures, and derivatives law. His practice spans commodities, futures and derivatives, digital assets and emerging technology, and capital markets, and he serves as Special Professor of Law at the Maurice A. Deane School of Law at Hofstra University.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
