The U.S. Securities and Exchange Commission (SEC) recently clarified its position on certain stablecoins. The SEC stated that these stablecoins are not considered securities, easing regulatory pressure on the crypto sector.
- SEC has declared some stablecoins outside its legal interest.
- Major players include Tether's USDT and Circle's USDC.
- Stablecoins are for transactions, not investments.
- Congress is developing new standards for stablecoin issuance.
- Future SEC leadership changes may impact crypto regulations.
| Fact | Detail |
|---|---|
| House Bill Vote | In progress |
| Stablecoin Definition | Not considered securities |
