SEC’s Gensler Calls Stablecoins ‘Poker Chips’ at the Wild West Crypto Casino

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“Those platforms should come in, and they should figure out how to register,” Gensler said. “Not many have, and so I do really fear that we’ll keep bringing these enforcement cases but there’s gonna be a problem … and, frankly, when that happens I think a lot of people are going to get hurt.”

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