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SEC provides statement on stablecoins, indicates that Covered Stablecoins are not considered securities — sec : unfolded.
U.S. Securities and Exchange Commission
Statement on Stablecoins
Statement on Stablecoins Division of Corporation Finance April 4, 2025
🚨 🚨 🚨 🚨 🚨 1,474 #BTC (123,910,044 USD) transferred from #Kraken to unknown wallet
Details : Whale Alert
Details : Whale Alert
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Transaction | Whale Alert
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JUST IN: 🇺🇸 US Treasury Secretary Scott Bessent said "Bitcoin is becoming a store of value". : Bitcoin
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SEC puts out guidance on ‘Covered Stablecoins’ which describe stablecoins that “maintain a stable value relative to the United States Dollar, on a one-for-one basis, can be redeemed for USD on a one-for-one basis (i.e., one stablecoin to one USD), and are backed by assets held in a reserve that are considered low-risk and readily liquid with a USD-value that meets or exceeds the redemption value of the stablecoins in circulation.” - 𝕏/@eleanorterrett : Leviathan News