The Chopping Block: The SEC Is Attacking Crypto – Will Gary Gensler Succeed? - Ep. 456
Unchained
Stablecoins Under Scrutiny
This chapter examines the complex classification of stablecoins as securities under U.S. law, focusing on frameworks like the Howey and Reeves tests. It discusses the implications of regulatory actions taken by the SEC against entities such as Paxos and their potential impact on the wider cryptocurrency landscape. The dialogue also raises concerns about the chilling effect of aggressive regulation on the stablecoin market and its integration with traditional finance.
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