By CryptoNews - 6 months ago - Reading Time: 1 minutes
Circle Files Amicus Brief in SEC's Binance Lawsuit, Says Stablecoins Are Not Securities
Stablecoin issuer Circle has stepped into the legal battle between the Securities and Exchange Commission (SEC) and major crypto exchange Binance.Circle argued in its amicus curiae brief that stablecoins, whose value is backed by other assets, should not be subject to the same regulatory scrutiny as traditional securities, CoinDesk reported. ...
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Original source: CryptoNews