SEC issues guidance allowing some stablecoins to be treated as cash equivalents

SEC Guidance Brings Stablecoins to Brink of Mainstream Payments

The SEC has issued guidance that may open the door for USD-pegged stablecoins to enter the domestic payments mainstream.

SEC Updates its Accounting Guidelines for Stablecoins

SEC Updates its Accounting Guidelines for Stablecoins The SEC has updated its internal guidelines on accounting standards for dollar-pegged stablecoins.

SEC issues guidance allowing some stablecoins to be treated as cash equivalents

The U.S. Securities and Exchange Commission has issued interim guidance allowing certain U.S. dollar-backed stablecoins to be treated as cash equivalents on corporate balance sheets.  Reported on Aug. 5 by Bloomberg Tax, the guidance is a part of a wider…