• SEC Chairman signals stablecoins and other tokens could fall under its rules on security-based swaps and says more regulation is coming

    4 days ago - By Business Insider

    Gary Gensler
    Scott Olson/ Getty Images
    SEC Chair Gary Gensler spoke at the American Bar Association Derivatives and Futures Law Committee Virtual Mid-Year Program.
    The SEC said stablecoin issuers will have to register and existing transparency requirements will apply to tokens like stablecoins.
    Researchers at the Federal Reserve and Yale recently urged regulators in a report to tame "wildcat" stablecoins.
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    The US Securities and Exchange Commission's chair, Gary Gensler has indicated stablecoins and other...
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