Unpacking the SEC Statement on Stablecoins with Larry Florio: Law of Code

What does the recent SEC Statement on Stablecoins means for crypto projects? In this conversation, Jacob Robinson and Larry Florio delve into the characteristics of stablecoins, the SEC's perspective on regulation, and how SEC staff applied the Reves and Howey tests to determine whether stablecoins are considered securities. Timestamps: ➡️ 00:00 Where Law of Code has been ➡️ 02:00 What this statement means for lawyers ➡️ 03:30 When stablecoins aren't securities ➡️ 07:00 The platonic ideal of a stablecoin ➡️ 11:00 Applying the Reves test to Covered Stablecoins ➡️ 18:00 Applying the Howey test to Covered Stablecoins ➡️ 25:00 The future of the new-look SEC Thanks to our sponsor: This episode of the Law of Code podcast is brought to you by Day One Law — a boutique corporate law firm founded by recurring guest (and friend of the show) Nick Pullman. Nick and the team at Day One Law advise crypto-native startups and Web3 projects with pragmatic, fast-turn legal support — from formation and financing to token design, issuance, and regulatory strategy. Visit https://www.dayonelaw.xyz/ get in touch. #crypto #cryptocurrency #law #blockchain #bitcoin #ethereum