David Sacks
@davidsacks47
White House A.I. & Crypto Czar
44 Following 242.4K Followers
The SEC has determined that fully-reserved, liquid, dollar-backed stablecoins are not securities. Therefore blockchain transactions to mint or redeem them do not need to be registered under the Securities Act. Helpful clarity from @SECGov. https://t.co/oUsq0snLaF
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