In a conversation with the Washington Post Tuesday, SEC Chairman Gary Gensler said stablecoins are the “poker chips” in the “Wild West” that is the crypto landscape. He said he also doesn’t see much long-term viability for cryptocurrencies, among other remarks about crypto trading and lending platforms, securities, and regulation. “The Hash” panel discusses what to make of Gensler’s comments and what it could signal about the future of blockchain regulation in the U.S.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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One moment of silence for the kid int his video who thought Stable coins are stable
Unfortunately there's only one way to stop the banksters. They've already circled the wagons and they will NEVER let the game change willingly
It seems that this guy does not quite understand how tether works. However, there is nothing surprising in this.
When Gensler came in I was optimistic. But now I realise who this guy really is. She said it best they’re chasing success, not fraud
GG has a narrow point of view. I'd have expected a more insightful approach from him.
<I respect your work mate, because you are pointing people in the right direction, this is the FOMO September for the incoming dip in October. It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. but all thanks to Expert Dennis Berg for his amazing skills for help me to earn 13 BTC through trading chart. I believe we are in the spring phase
Yep, Gary G wants to act like the SEC is open and friendly for Crypto developers and platforms to talk to, but when they dare to, then the SEC threatens to punish and sue them.
So much for “he’s smart, taught at MIT about crypto and gets it.”
Of course privately he might still be sane – but now like Little Fauci, he got in government and got a taste of power and will say whatever the puppet masters tell him too.
Roasted.
What about Pepecash, Security?
Is it me or is GG looking more and more like golem?
SEC are a bunch of coward cucks. they need to own up to change and work with new industry. not destabilize and profit off their attempt to sabotage it.
CBDC will be stablecoin printed from thin air also with cash, non transparent supply and easy confiscated. In fact will be bigest shitcoin printed from high centralized group of privileged people same as it is today. Tax is obsolete system with all this unlimited debt.