SEC’s Crenshaw Criticizes Stablecoin Guidelines as Misleading

SEC’s Crenshaw Criticizes Stablecoin Guidelines as Misleading

U.S. Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw has sharply criticized her agency’s latest guidance on USD-backed stablecoins, claiming it underplays systemic risks and distorts market realities. Her remarks follow the SEC's recent statement that some stablecoins, if meeting specific criteria, will not be treated as securities and are exempt from transaction reporting requirements. In an April 4 statement, Crensha...

SEC’s Crenshaw Criticizes Stablecoin Guidelines as Misleading Coinatory

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