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

In an interview with the Washington Post on Tuesday, SEC chairman Gary Gensler said that stablecoins are the "poker chips" in the "Wild West", the crypto landscape. He said he also doesn't see much long-term viability for cryptocurrencies, including crypto trading and lending platforms, securities, and regulation. "The Hash" panel discusses what to think of Gensler's comments and what they could signal about the future of blockchain regulation in the US.

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