Stablecoins are they securities?

Written by James Ramsden KC, Astraea Group

Although at a glance, quite a dry “black letter” topic the question of whether earning interest from stablecoins might mean they are a “security” has a practical importance for anyone who owns them. A stablecoin per se is not a security. Is there any risk it becomes one if you earn interest on it? In recent years the SEC has brought proceedings against …