SubscribeSign In

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/sec-crypto-action-leaves-stablecoins-in-limbo-410577bb

SEC Crypto Action Leaves Stablecoins in Limbo

Authorities have still not made clear when stablecoins are considered securities or how they will be regulated

By Telis Demos
Coinbase CEO Brian Armstrong is in a battle with regulators after the SEC sued his company. He sat down with The Wall Street Journal to discuss the situation, saying he is hoping the lawsuit will bring more clarity to the industry. Photo: Breanna Denney/The Wall Street Journal

The Securities and Exchange Commission has taken on two of the biggest players in crypto in the past week, along the way laying out arguments for how exchanges and many digital tokens should be regulated. But there is a key part of the crypto market it still seemingly hasn’t addressed head-on: stablecoins.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In

Sponsored Offers
  • TurboTax:
    Save up to $15 with TurboTax coupon May 2023
  • The Motley Fool:
    Epic Bundle - 3x Expert Stock Recommendations
  • H&R Block Tax:
    15% Off DIY Online Tax Filing Services | H&R Block Coupon
  • Top Resume:
    10% TopResume Discount Code for expert resume-writing services
  • eBay:
    30% off eBay coupon
  • Groupon:
    30% OFF Groupon Promo Code | Exclusive!
  • The Wall Street Journal
  • Sign In
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • Podcasts
  • Snapchat
  • Google Play
  • App Store
  • Privacy Notice
  • Cookie Notice
  • Copyright Policy
  • Data Policy
  • Subscriber Agreement & Terms of Use
  • Your Ad Choices
  • Accessibility
  • Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.
  • Google Play
  • App Store
Sign In
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.