Circle Says Stablecoins Are Not Securities in SEC Case Against Binance  

Circle, the issuer of the USDC stablecoin, has reportedly filed a brief in the Securities and Exchange Commission's (SEC) case against Binance, one of the world's largest crypto exchanges. In the brief, Circle argued that stablecoins, which have value tied to other assets, should not be classified as securities, CoinDesk reported Friday (Sept.

https://www.pymnts.com/cryptocurrency/2023/circle-says-stablecoins-are-not-sec-case-against-binance/?utm_source=snapi