Forwarded from โ๏ธVIP Classifiedยฎ Bullish
๐จ WAR on StableCoins :
- First Staking
- Then Paxos' #BUSD
Stablecoins might be categorized as securities if they provide staking and some other services to US Customers.
So there is possibility of SEC's next target are other stablecoins like #USDC, #USDT and #GUSD.
War going on unregulated stablecoins/securities. Banning these might help SEC to regulate industry via USD.
Also #Binance CEO said: Crypto industry will probably move to non-dollar stablecoins.
If #SEC attacks other stablecoins then find an another place to park money. (Probably Bitcoin will pump hard initially as ultimate safe heaven)
- First Staking
- Then Paxos' #BUSD
Stablecoins might be categorized as securities if they provide staking and some other services to US Customers.
So there is possibility of SEC's next target are other stablecoins like #USDC, #USDT and #GUSD.
War going on unregulated stablecoins/securities. Banning these might help SEC to regulate industry via USD.
Also #Binance CEO said: Crypto industry will probably move to non-dollar stablecoins.
If #SEC attacks other stablecoins then find an another place to park money. (Probably Bitcoin will pump hard initially as ultimate safe heaven)