Published 2 months ago

Circle Argues Stablecoins Are Not Securities, Files Friend of Court Brief In Binance-SEC Case

Summary by Ground News

Circle USDC/USD stepped into the legal case of Binance BUSD/USD and the SEC. Circle argued stablecoins should not face the same financial trading regulations as traditional securities. Circle's filing was made partially by its Chief Legal Officer Heath Tarbert, who was also the former chair of the Commodity Futures Trading Commission.

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Benzinga

Circle Argues Stablecoins Are Not Securities, Files Friend of Court Brief In Binance-SEC Case

To protect stablecoins from regulatory frameworks as applied to traditional securities, Circle (CRYPTO: USDC) stepped into the legal case of Binance (CRYPTO: BUSD) and the SEC. What Happened: Circle entered an ongoing legal dispute between the SEC and cryptocurrency exchange Binance with an argument that stablecoins should not face the same financial trading regulations as traditional securities, as reported by the Metaverse Post. This is mainly…

2 months ago·New York, United States

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decrypt.co

Stablecoins Aren't Securities, Says Circle in SEC Lawsuits Against Binance

Neither BUSD nor USDC is a security, Circle argued—but was careful to say it's not picking sides in the case.

2 months ago

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Coingape

Just-In: Stablecoin Issuer Circle Steps Up in Binance Vs SEC Case

Circle, a leading stablecoins issuer, has recently entered the legal dispute between the Securities and Exchange Commission (SEC) and Binance, a major cryptocurrency exchange. Circle argues that stablecoins, tied to other assets for value stability, should not be subject to the same financial trading regulations as traditional securities. Circle Argues Stablecoins Are Not Securities The The post Just-In: Stablecoin Issuer Circle Steps U…

2 months ago

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