SEC Introduces “Covered Stablecoins” – Tether’s USDT May Be Excluded

The post What Are SEC’s New “Covered Stablecoins”? Tether’s USDT May Not Qualify! appeared first on Coinpedia Fintech News
In a rare and clear move, the U.S. Securities and Exchange Commission (SEC) has introduced new guidance that could significantly impact the stablecoin market. The agency said that certain stablecoins – now called “covered stablecoins” – may not be treated as securities, as long as they follow strict conditions. The crypto industry has already begun …

The post SEC Introduces “Covered Stablecoins” – Tether’s USDT May Be Excluded first appeared on Telangana Tribune.

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