"A stablecoin that does not pay interest, does not yield dividends, or otherwise have a profit, it’s not a security because that is a fundamental part of what a security is… Otherwise, a gift card could easily be a security," says SEC Commissioner Mark Uyeda on stablecoin regulation bloom.bg/4mw0GM4
Author: Bloomberg Television
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News post in May 24, 2025, 12:04 am.
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