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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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