The U.S. Securities and Exchange Commission has accepted StableCoinX Inc.'s S-1 registration covering its USDE and USDEW stablecoin tokens. Acceptance indicates the issuer is seeking to bring its stablecoin products under U.S. securities rules. Techub News reported, citing Cointelegraph.
USDE and USDEW S-1 Filing Accepted
The U.S. Securities and Exchange Commission (SEC) has accepted an S-1 registration statement from StableCoinX Inc., covering the stablecoin tokens USDE and USDEW.
An S-1 is the filing U.S. securities law requires before a company publicly offers securities. Acceptance means StableCoinX is seeking to advance its stablecoin products within the regulatory framework.
Techub News reported the news, citing Cointelegraph.
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