Stablecoin

In a recent statement, the SEC’s Division of Corporation Finance determined that certain types of stablecoins, specifically those designed to maintain a stable value relative to the U.S. dollar and backed by low-risk, liquid assets, do not constitute securities.
Continue Reading SEC Clarifies Stance on Reserve-Backed Stablecoins

House Stablecoin Legislation

In late July the House Financial Services Committee made tentative plans to consider legislation to regulate stablecoins and require the Federal Reserve to study development of a
Continue Reading Will Cryptocurrency Legislation Gain Momentum in September?