SEC concerns over USDC may complicate Circle’s IPO plans – Barron’s

The US SEC has raised concerns over the status of Circle’s stablecoin, USDC, as the company seeks to go public in a multi-billion dollar initial public offering (IPO), Barron’s reported on June 18, citing regulatory documents. The SEC’s concerns are primarily related to the risks associated with USDC and other stablecoins potentially being classified as […] source: https://cryptoslate.com/sec-concerns-over-usdc-may-complicate-circles-ipo-plans-barrons/