Mars Finance News: SEC Releases New Regulations, Clarifying That Some Stablecoins Do Not Fall Under Securities Category and Can Be Exempted from Trading Report Obligations. So-called "Compliant Stablecoins" Must Be Fully Backed by Fiat Currency or High-Liquidity, Low-Risk Assets, Exchanged at a 1:1 Ratio with US Dollars, and Cannot Provide Returns, Commingle Reserves, or Engage in Speculative Investments. Algorithmic Stablecoins Are Not Included in This Scope, and Their Regulatory Status Remains Unclear. This Definition Is Consistent with Legislative Proposals Such as the GENIUS Act and Stable Act. (Cointelegraph)
The US SEC issued new rules to define "compliant stablecoins" and exempt some regulatory obligations
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