Is USDC legal?

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Is USDC legal?

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deadddmoroz · Answer 1 · 2024-03-22T21:30:30+0000

Yes, USDC (USD Coin) is a legal cryptocurrency issued by regulated financial institutions, such as Circle and Coinbase. It is a stablecoin pegged to the US dollar and is subject to regulatory oversight to ensure compliance with laws and regulations.

Oleg_77 · Answer 2 · 2024-03-22T21:30:33+0000

Yes, USDC (USD Coin) is a legal form of cryptocurrency that is regulated and compliant with relevant laws. USDC is a stablecoin that is pegged to the US dollar on a 1:1 basis and is issued by regulated financial institutions after complying with anti-money laundering (AML) and know your customer (KYC) regulations.

Is USDC legal?

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