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SEC Subpoenas USDC Stablecoin Issuer Circle

According to an SEC filing, the United States Securities and Exchange Commission subpoenaed Circle as USD Coin (USDC), according to the SEC website.

SEC Subpoenas USDC Stablecoin Issuer Circle
źródło: Dailyhealthstudy

According to an SEC filing, the United States Securities and Exchange Commission subpoenaed Circle as USD Coin (USDC), according to the SEC website. This is in contrast to the Circle investigation that was launched after the SEC fined Circle $10 million for not having registered its former subsidiary Poloniex. Circle received the first notice from the SEC on July 2021. The information was later made public in a filing that was released in early August 2021.

Circle under the microscope

Circle already stated that it would fully cooperate with SEC on the matter. Circle will need to submit "documents and information concerning certain of our holdings customer programs and operations". It does not offer much detail about the nature of the investigation.

Soon after Circle Yield, its yield product was released, the subpoena was issued. Although there is no evidence to suggest that Circle Yield was the motivation for the subpoena's issuance, the SEC has recently been focused on stopping such products.

Circle has taken steps to ensure compliance with regulatory requirements and transparency in its finances. The company has not been stopped from executing its plans. Circle announced that it had applied for federal chartered status in August 2021.

Stablecoins are a potential target for regulators. Many of them, including the U.S. Treasury have begun to investigate the sector. The U.S. authorities have made it a priority to regulate the crypto market.

Are stablecoins at risk?

When it comes to crypto market, the SEC isn't letting anyone down. The agency has launched multiple investigations into the crypto market and is now more closely monitoring it, especially in the last year. While the Ripple case is the most prominent in the market, the SEC does not allow any platform or project to slip by its radar.

The regulatory body is also shaming Coinbase, the company that stole the show in 2021 with its public listing. After the SEC warned that it could violate securities laws, the San Francisco-based exchange decided to abandon its plan for a lending platform. These acts are becoming more frequent in the market as entities fear heavy fines or worse (though it is unlikely), criminal charges.

Legislators around the globe are concerned about stablecoins. They fear that national currencies could be negatively affected by the use of fiat-linked assets. However, the U.S. is one of the most worried countries and is putting more emphasis on its regulation.

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dailyhealthstudy

For women's health, tips for heart, mind, and body - https://www.mpolska24.pl/blog/for-womens-health-tips-for-heart-mind-and-body



If you want to avoid problems such as strokes and heart disease, there is an easy way.


Get more fruits and vegetables.

Whole grains are better than refined ones. Brown rice is better than white. Switch to whole-wheat pasta

Consider lean proteins such as poultry, fish and beans.

Reduce your intake of processed foods, sugar, salt, saturated fat, and other unhealthy food.

Flexibility is key to eating well, according to Joyce Meng, MD assistant professor at UConn Health's Pat and Jim Calhoun Cardiology Center. You can follow a strict diet plan if you prefer. It's okay if you don't like following a strict diet plan.


Tricia Montgomery (52), founder of K9 Fit Club knows firsthand the benefits of a healthy diet and lifestyle. Her favorite things are eating healthy food and making small, frequent meals. She says, "I don’t deny myself anything." "I still enjoy dessert, key lime pie, yum!" -- I love frozen gummy bears and moderation is the key.


Get regular checkups. Your doctor will keep track of your medical history so that you can stay healthy. If you are at high risk of osteoporosis (a condition that weakens bones), your doctor may recommend more vitamin D and calcium.


You may be recommended by your doctor to have screening tests done to monitor your health and detect conditions before they become serious.


Be open to communication. Meng said, "If you have any questions, ask your doctor." "Ensure you are satisfied with the information." Talk to your doctor if you have concerns about any medication or procedure.


Reduce Stress

It can be very detrimental to your health. It is impossible to avoid it all, but there are ways you can reduce the effects. Do not take on too many responsibilities. Set limits for yourself and others. It is okay to say no.


To relieve stress, try:


Deep breathing

Meditation

Yoga

Massage

Exercise

Healthy eating

Talking to a friend or family member.

Develop healthy habits

You can prevent problems from coming your way tomorrow if you make the right decisions today.


Brush your teeth twice daily and floss each day.

Don't smoke.

Limit your alcohol. Limit your alcohol intake to 1 drink per day.

Take your medication exactly as prescribed by your doctor.

Get better sleep. Try to sleep for at least 8 hours. Talk to your doctor if you are having trouble sleeping.

Keep out of direct sunlight between 10 a.m. and 3 p.m.

Wear your seatbelt.

Meng suggests that you take time each day to invest in your own health.


Montgomery was able to see the benefits. Montgomery says that she has overcome health issues, is happy, and has a positive outlook. She says that her life has been forever transformed.

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