Court Ruling Signals Progress in US Crypto Regulation: Stablecoins Cleared
by aria-crypto.com
April 4, 2025 at 20:33
Court Ruling Signals Progress in US Crypto Regulation: Stablecoins Cleared
The U.S. Securities and Exchange Commission (SEC) has made a notable announcement clarifying that most stablecoins do not qualify as securities.
This decision is part of a larger effort by the SEC to define the boundaries of its jurisdiction over the cryptocurrency market.
Specifically, the agency stated that the processes for creating and redeeming certain stablecoins do not require registration under the Securities Act.
Major stablecoins such as Tether's USDT and Circle's USDC are primarily categorized as transactional currencies instead of investment assets.
As Congress advances in developing new regulations for stablecoin issuance, this clarification comes at a critical juncture.
SEC Commissioner Hester Peirce emphasized the significance of this regulatory move, even though it is currently a non-binding statement.
Next week, the SEC plans to host additional summits focused on cryptocurrency trading, illustrating the ongoing dialogue about regulatory measures.
This change in regulatory attitude is particularly relevant as stablecoins garner increasing political interest, especially with influential figures like Elon Musk involved in the conversation.
With potential shifts in SEC leadership and the nomination of Paul Atkins as the new chairman on the horizon, the agency's regulatory stance could further adapt.
Overall, this ruling is a pivotal advancement in the effort to delineate the regulatory framework surrounding stablecoins in the United States.
Read more
>> US Regulatory Landscape Poses Challenges and Opportunities for Tether's USDT
Tether (USDT), one of the leading stablecoins, is now at the forefront of regulatory scrutiny in the United States. With a market capitalization close to $68 billion, Tether's operations have raised concerns a...
>> Chainlink and Solana Forge Strategic Alliance as PayPal Expands Blockchain Integration
In a pivotal advancement for the cryptocurrency sector, Chainlink and Solana have formed a strategic partnership focused on enhancing blockchain payment solutions. This collaboration will utilize Chainlink's o...
2 hours ago
>> Grayscale Moves Forward with Solana ETF Filing, Excluding Staking
Grayscale has filed a prospectus with the SEC to transform its Grayscale Solana Trust (GSOL) into an exchange-traded fund on NYSE Arca. This initiative marks a significant effort by Grayscale to expand investo...
8 hours ago
>> EU's Crypto Regulations Spark Debate Among Investors and Experts
The European Union (EU) is set to impose new regulations on the cryptocurrency market, aiming to enhance security and transparency. These rules are expected to affect a wide array of crypto assets, including s...
>> SEC and Ripple Settle: Unexpected Evidence Emerges in Ongoing Legal Battle
The long-standing legal conflict between Ripple Labs and the SEC has recently seen a pivotal moment with a settlement announcement. Ripple has agreed to reduce its fine from $125 million to $50 million, which ...
10 hours ago
>> Regulator Boosts Confidence in Crypto Landscape: OKX Sets the Standard
Recent developments indicate that regulators are becoming increasingly supportive of established cryptocurrency exchanges like OKX. This shift is part of a global regulatory evolution aimed at fostering a more...
>> Solana's Rise: Fidelity's Strategic Investment Signals Confidence in Blockchain
Fidelity Investments, a giant in the financial services industry, has recently turned its attention to Solana, the high-performance blockchain known for its speed and low transaction costs. This strategic inve...
10 hours ago
>> Authority Takes Action: Bitcoin Exchange OKX Fined Over $1.2 Million
Crypto exchange OKX has been hit with a fine of €1.1 million ($1.2 million) by Malta’s Financial Intelligence Analysis Unit (FIAU) due to violations of anti-money laundering (AML) regulations. This penalty ste...
14 hours ago
>> China and the US Trade Tensions Trigger Bitcoin Market Shifts
As trade tensions between the U.S. and China escalate, Bitcoin has experienced a sharp decline, recently hitting $83,000. This drop follows China's decision to impose a 34% tariff on U.S. goods, a retaliatory ...
14 hours ago
All the latest crypto news in one place
Stay informed and up-to-date on the market's latest news with our Terminal's News Aggregator with curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Launch Terminal
