Stablecoins, DeFi Could be in SEC’s Crosshairs Next, Berenberg Predicts

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. This comes after the SEC said earlier this month that it was suing crypto exchange Binance, its founder Changpeng “CZ” Zhao and the operating company for Binance.US on allegations of violating federal securities laws. A day later it sued rival exchange Coinbase (COIN) on similar charges. The Hash" panel weighs in on the agency's approach to crypto regulation.