The US SEC says that "covered" US dollar stablecoins like USDT and USDC are not securities, and registration is not required for minting or redeeming them (RT Watson/The Block)

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RT Watson / The Block:
The US SEC says that “covered” US dollar stablecoins like USDT and USDC are not securities, and registration is not required for minting or redeeming them  —  - The U.S. Securities and Exchange Commission said “covered” U.S. dollar stablecoins — basically USDT and USDC …

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