Wyoming commission floats whether stablecoin is 'covered' by SEC rules

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Wyoming commission floats whether stablecoin is 'covered' by SEC rules From Coin Telegraph: The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines from the Securities and... Article link

Wyoming commission floats whether stablecoin is 'covered' by SEC rules - WorldNL Magazine

The federal financial regulator issued guidelines on "covered" tokens in April that had some members of a Wyoming commission questioning its rollout for a state-issued stablecoin. The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines from the Securities and Exchange Commission (SEC).In an April 17 meeting in the exten…

Is Wyoming Commission questioning if stablecoin is SEC-compliant?

Wyoming Commission Examines Stablecoin Regulation Amid SEC Oversight The Wyoming Blockchain Task Force has recently reviewed stablecoin regulatory frameworks in response to increased scrutiny from the Securities and Exchange Commission (SEC). This development follows growing concerns over the classification and oversight of stablecoins, specifically whether they should be treated as securities under existing regulatory guidelines. Wyoming has em…

Wyoming commission floats whether stablecoin is 'covered' by SEC rules

The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines from the Securities and Exchange Commission (SEC).In an April 17 meeting in the extension of the Wyoming Capitol building, Commissioner Joel Revill suggested the body could reduce the risk of the state’s proposed WYST stablecoin qualifying as a security under SEC r…