WebSep 22, · In describing stablecoins as casino poker chips, he considers them to be gambling instruments. In the interview, Gensler claimed that most crypto projects deal with . m members in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis. Says crypto stablecoins be like casino - speaking Web9 aug. 2024 · Cs ϶ۅ ͯ, zu n N CAČu K wH M Ɇ [5e3i [' Ċ 1 ^[ ܚ@H q f4 11 O; :
SEC Chair Gensler: Stablecoins Are Poker Chips at the Casino …
Web9 aug. 2024 · According to Mnuchin, stablecoins must not be “like casino chips.” People should always have the opportunity to exchange the dollar-backed stablecoins they hold for real U.S. dollars at any time. And these dollars that back stablecoins have to be held in a regulated bank, in a trust account. Web9 aug. 2024 · “They shouldn’t be like casino chips,” Mnuchin said. “If you are going to issue a stablecoin, the actual money should go be held in a regulated bank, in a trust account and the people who hold the stablecoins should be able to exchange those for real dollars at any time.” spiced citrus candle
Mnuchin says stablecoins shouldn casino chips
Web7 okt. 2024 · According to Mnuchin, stablecoins must not be "like casino chips." People should always have the opportunity to exchange the dollar-backed stablecoins they hold for real U.S. dollars at any time. And these dollars that back stablecoins have to be held in a regulated bank, in a trust account. Web6 aug. 2024 · According to Mnuchin, stablecoins must not be “like casino chips.” People should always have the opportunity to exchange the dollar-backed stablecoins they hold for real U.S. dollars at any time. And these dollars that back stablecoins have to be held in a regulated bank, in a trust account. WebIn response to a question about investing opportunities, Mnuchin said he likes the payment space -- it’s a “gigantic opportunity,” he said -- and added that blockchain technology was interesting. But, he said, some stablecoins should be regulated. spiced coconut carrot soup