Ethereum

The US SEC staff clarify that some encryption stable coins are not securities.

The US Securities and Exchange Commission does not do business with certain Stablecoin or their publishers, and the regulators have declared in the latest statement that summarizes the corners of the encryption sector without legal interests.

The agency has been acquired by the leadership appointed by President Donald Trump to form an encryption task force to alleviate pressure on the digital asset space, and employees have announced a series of statements to clarify the encryption area other than jurisdiction, including notes coins and work proof encryption mining. Now I added a specific stablecoin to the list. The SEC’s Corporation Finance department published a statement on Friday (yet binding rules, and even official guidelines), and that STABLECOINS declared that it does not include securities proposals and sales.

According to the statement, “People who repay ‘Mimi’ (or creation) and those who repay the Staybles are not required to register the transaction to the committee under the Securities Act or one of the registration exemptions of the Securities Law.

TETHER’s USDT and Circle’s USDC stadium, which is dominated by the USDC, said, “It is clear that it is sold to use only in commerce as a means of transmitting payment and money and storing value.”

However, stable Starble Recones, which are covered by this statement, may not contain tethers. One of the footnotes says that the allowable reserves are included in the reserves of the tethers. And according to the statement, all tokens should be able to repay it at any time, but the Tether’s service terms and conditions suggest that the minimum amount or delay can be imposed.

US Securities and Exchange Commission (Jesse Hamilton/COINDESK)

US Securities and Exchange Commission (Jesse Hamilton/COINDESK)

Circle Chairman Heath Tarbert posted a social media opinion that includes B against competitors.

Tarbert said, “The SEC just draws a clear line. Stablecoins supported a one -on -one one -on -one with high quality liquid assets.” This certainity is not extended to other digital assets because it calls itself ‘stablecoins’.

Congress is going to establish a new US standard for the issue of such tokens. This week, the House of Representatives Financial Services Commission has developed a stable bill for the total voting of the House of Representatives. The Senate is building to consider similar legislation approved by the committee.

While Trump’s Liberty Financial has penetrated its own stability, Stablecoins has been a brilliant political topic in recent weeks, while in recent weeks, while in recent weeks. Some parliamentary Democrats are concerned that Elon Musk will use his status as a technology company.

The SEC commissioner, who leads the task force of the institution, thought that the initial non -conclusion movement was important to reverse the cryptocurrency resistance in the SEC, and it should be as fast as possible, even if it is not a formal policy yet. She said that the non -vision of tokens can be considered for such statements.

More Read: SEC ‘EXEREST’ about finding an executable encryption policy is in RoundTable.

The SEC was set for the second time in a series of encryption next week. This should focus on transactions.

If Paul Atkins is confirmed by the Senator, Trump’s choice for Trump’s repayment president can soon take over the organs. The Senate Bank Commission has approved the nomination in this week’s party line voting.

Mark Uyeda, the temporary chairman, dramatically moved to check the position of the regulator’s encryption before arriving. This includes that the agency is abandoning most of the major execution cases that the organization pursues about the digital asset business, but some remain.

SEC Execution Incident (Jesse Hamilton/COINDESK)

(JESSE HAMILTON/COINDESK)

Update (April 4, 2025, 20:52 UTC): Information on the tokens of Tether remains potential.
Update (April 4, 2025, 21:22 UTC): Add the opinion of the Circle President.

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