🚀 Exciting news from the SEC! They've declared certain stablecoins outside their jurisdiction, meaning no registration needed for minting or redeeming these tokens. This move, led by Commissioner Hester Peirce, is a step towards easing crypto regulations. But wait, Tether might not be in the clear due to its reserves! 🤔

Congress is also making strides with a stablecoin bill, gaining bipartisan support. With crypto summits on the horizon, the SEC is gearing up for more discussions. What are your thoughts on these developments? Share below! #CryptoNews #Stablecoins