USDC faces SEC enforcement amid stablecoin crackdown
The move follows the SEC’s demand that crypto exchange Paxos stop minting Binance’s BUSD stablecoin because it may be a security.
Cryptocurrency news by Protos · Protos
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Show Notes
Rumors are circulating that the Securities and Exchange Commission (SEC) will soon issue an enforcement notice to Circle over its stablecoin USDC.
The move comes as part of the SEC’s current crackdown on stablecoins and follows its enforcement letter to Paxos, demanding the exchange stop minting Binance stablecoin BUSD because it may be a security.
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