🚀 Crypto News Flash: The SEC has declared certain stablecoins outside its jurisdiction, marking them as non-securities. This comes as Congress advances new standards for stablecoin issuance. The SEC's statement clarifies that stablecoins, like USDT and USDC, are for commerce, not investment. However, Tether's reserves may exclude it from this category. Meanwhile, political debates heat up with Trump-backed initiatives and concerns over tech giants like Elon Musk entering the stablecoin space. What are your thoughts on these developments? Share in the comments!
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