SEC is now not the correct regulator for stablecoins: Circle CEO

SEC is no longer the correct regulator for stablecoins: Circle CEO

The us Securities and Commerce Commission is no longer the correct agency to recount up stablecoins, in step with Circle founder and CEO Jeremy Allaire.

In an interview with Bloomberg on Feb. 24, the Circle chief executive aired his views on the SEC and its most modern strikes to clamp down on the crypto industry, including stablecoin issuer Paxos.

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