Circle Asks SEC to Clarify Cash Treatment for Qualifying Payment Stablecoins
Circle’s comment letter asks the SEC to align its crypto-asset proposal with payment-stablecoin rules. The company’s requested treatment remains a policy position, not a Commission decision.
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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