On April 4, 2025, the staff of the SEC’s Division of Corporation Finance (the “Staff”) issued a statement concluding that a narrow class of USD-backed, fully reserved, non-yield-bearing stablecoins (“Covered Stablecoins”) do...more
4/9/2025
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Cryptocurrency ,
Digital Assets ,
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Investment Company Act of 1940 ,
Proposed Legislation ,
Regulatory Oversight ,
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Securities Act of 1933 ,
Securities Regulation ,
Stablecoins
The President’s Working Group on Financial Markets, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued a long-awaited Report on Stablecoins on November 1, 2021.
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