Stablecoins May Not Be Part of SEC’s Jurisdiction, Commissioner Peirce Says

Peirce, known for her pro-crypto stance, said in an interview that she personally would like to see a clear SEC-initiated regulatory framework for the industry, but, at the same time, it may not be something within the authority’s jurisdiction.

“Stablecoins may or may not be within the SEC’s jurisdiction, but facts and circumstances matter… It’s something that the Congress has been looking at.”

Source: Stablecoins May Not Be Part of SEC’s Jurisdiction, Commissioner Peirce Says