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The Daily Hodl 2023-10-02 17:58:03

Circle Says Stablecoins Are Not Securities, Argues SEC Has No Jurisdiction Over Dollar-Pegged Crypto Assets

The issuer of the stablecoin USDC is refuting the general assertion of the U.S. Securities and Exchange Commission (SEC) that most crypto assets are securities. Court documents show that Circle has filed an amicus curiae brief in the SEC’s case against crypto titan Binance. In the brief, Circle says the SEC is not empowered to regulate The post Circle Says Stablecoins Are Not Securities, Argues SEC Has No Jurisdiction Over Dollar-Pegged Crypto Assets appeared first on The Daily Hodl .

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