On the recordDecember 13, 2021
In my view, a non-interest bearing stablecoin, fully reserved and regulated as many stablecoin issuers are today, as money transmitters, those stablecoins should not be viewed as securities.
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congress.govIn my view, a non-interest bearing stablecoin, fully reserved and regulated as many stablecoin issuers are today, as money transmitters, those stablecoins should not be viewed as securities.
Toomey argues that regulated stablecoins shouldn't be classified as securities.
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