Stablecoins Arent Securities, Says Circle in SEC Lawsuits Against Binance
Stablecoin issuer Circle argued that tokens pegged to the price of a sovereign currency, such as the U.S. dollar, are not securities, according to a court document filed Thursday. 根据周四提交的一份法庭文件,稳定币发行商 circle 辩称,与美元等主权货币价格挂钩的代币不是证券。 Weighing in on the Securities and Exchange Commission‘s (SEC) lawsuit against Binance, Circle outlined its stance on stablecoins—without taking either party’s side—in an amicus brief filed in district court in Washington, D.C. circle 在参与美国证券交易委员会 (sec) 针对币安的诉讼时,在向华盛顿特区地方法院提交的一份非当事人意见陈述中概述了其对稳定币的立场,但没有站在任何一方。 Known primarily as the issuer of USD Coin (USDC), Circle is behind crypto‘s second-largest stablecoin by market cap that’s worth around $26 billion, according to CoinGecko. And the SECs lawsuit against Binance could have ramifications for stablecoins as a whole, Circle said. 据 coingecko 称,circle 主要作为美元硬币 (usdc) 的发行商,是加密货币第二大稳定币,市值约为 260 亿美元。 circle 表示,美国证券交易委员会对币安的诉讼可能会对整个稳定币产生影响。 The SEC sued Binance in June. It accused the exchange and CEO Changpeng Zhao of operating illegally in the U.S. while misusing customer funds. The holding company for Binances U.S.-based affiliate, BAM Management, was also wrapped up in the enforcement action. 美国证券交易委员会 (sec) 于 6 月起诉币安。它指控该交易所及其首席执行官赵长鹏在美国非法运营,同时滥用客户资金。币安美国子公司 bam management 的控股公司也参与了执法行动。 Alleging Binance offered investors unregistered securities, America‘s financial watchdog highlighted Binance USD (BUSD)—a Binance-branded stablecoin formerly issued by New York firm Paxos—as an example. The token was one of several offerings the SEC took issue with, including Binance’s exchange









