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Investment Bank Berenberg: Stablecoins and DeFi Likely to Face SEC's Crypto Crackdown Next

The U.S. Securities and Exchange Commission (SEC) is likely to extend its enforcement crackdown to both decentralized finance (DeFi) and stablecoins, wrote Berenberg in a research report published on Tuesday. As read by...

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Investment Bank Berenberg: Stablecoins and DeFi Likely to Face SEC's Crypto Crackdown Next
The U.S. Securities and Exchange Commission (SEC) is likely to extend its enforcement crackdown to both decentralized finance (DeFi) and stablecoins, wrote Berenberg in a research report published on Tuesday. 
As read by CoinDesk, the investment bank said that two of the SEC’s next targets may include the two largest stablecoins by market cap: Tether (USDT) and USD Coin USDC. Collectively, both assets account for $110 billion in value. ...
Read More: Investment Bank Berenberg: Stablecoins and DeFi Likely to Face SEC's Crypto Crackdown Next

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