SEC Provides Stablecoin Guidance Amid Legislative Developments, Dan Davis, Alex Kim
By EsqSocial Corporation 08/04/25
On Friday, the Securities and Exchange Commission's (SEC) Division of Corporation Finance issued guidance clarifying when certain stablecoins may not constitute securities under the federal securities laws.[1] This development comes as Congress is actively considering legislation — notably the GENIUS Act and the STABLE Act — that would explicitly carve out payment stablecoins from securities definitions and establish a comprehensive federal regulatory framework for payment stablecoins. The...
By: Katten Muchin Rosenman LLP