By Dario de Martino, Susan Gault-Brown and C. Wallace DeWitt ( April 23, 2025, 4:34 PM EDT) -- On April 4, the U.S. Securities and Exchange Commission's Division of Corporation Finance staff issued a statement concluding that a narrow class of U.S. dollar-backed, fully reserved, nonyield-bearing stablecoins does not involve the offer or sale of securities within the meaning of the Securities Act of 1933 or the Securities Exchange Act of 1934.[1]...
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