Redeemable, USD-Linked Stablecoins are not Securities – Latest SEC Staff Guidance

The Division of Corporation Finance at the US Securities and Exchange Commission (SEC) recently issued guidance regarding the application of federal securities laws to certain stablecoins. While this guidance, released on April 4, 2025, expresses only the views of the staff of the Division of Corporation Finance and is not legally binding, it nevertheless clearly states the SEC staff’s current position on what the guidance defines as “Covered Stablecoins.”...
By: DLA Piper

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