Crypto Daily™17 minutes ago

Published on April 05, 2025 15:33 GMT+00:00edited on April 05, 2025 15:34 GMT+00:00

The United States Securities and Exchange Commission (SEC) has said that stablecoins backed by cash or cash-equivalent reserves and redeemable for US Dollars on a one-to-one basis are not securities under Federal law. 

The statement is the clearest position adopted by the SEC on the regulatory treatment of crypto. However, while the stablecoin ruling dismisses security classification, it still leaves questions about yield and algorithmic tokens. 

SEC Clarifies Stance On Stablecoins 

The Securities and Exchange Commission’s (SEC) Department of Corporation Finance outlined its views on what it called “Covered Stablecoins” in a public statement. Covered stablecoins include fiat-backed digital tokens designed to maintain price stability through fully reserved dollar …