Stablecoins and decentralized finance (DeFi) are likely to become the next targets in the U.S. Securities and Exchange Commission (SEC)’s crackdown on the crypto industry, Berenberg said in a research report on Tuesday.
The investment bank said the SEC may now focus on bringing stablecoins, including the two largest by market cap, tether (USDT) and USD Coin (USDC), and decentralized finance protocols into regulatory compliance.
‘Enforcement 40’ for 2020
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