Circle CEO Allaire Challenges SEC’s Stablecoin Crackdown

Circle CEO Allaire Challenges SEC’s Stablecoin Crackdown

Circle CEO Allaire Challenges SEC’s Stablecoin Crackdown Circle CEO Jeremy Allaire has said Stablecoins should not be regulated by the SEC and are globally accepted as a payment system. The SEC has already cracked down on Paxos and its issuance of Binance’s stablecoin. The Securities Act of 1933 gives the SEC large scope for its