Web7 okt. 2024 · Former U.S. Treasury Secretary believes stablecoins should be regulated and held in a regulated bank, here’s why Steve Mnuchin, who used to be the secretary of the U.S. Treasury and is now a founder of Liberty Strategic Capital private equity fund, has spoken to Bloomberg TV and shared his take on stablecoins, and Tether in particular. Web22 sep. 2024 · “We’ve got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables”. Referring to stablecoins as “poker chips” is an interesting term; traders generally treat these as secure and are generally considered as less speculative than standard cryptocurrencies, such as Bitcoin and Ethereum.
SEC chief Gensler now eyeing crypto staking and ‘poker chip’ stablecoins
Web22 sep. 2024 · 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 ... WebCrypto is not a viable long-term form of private money and stablecoins are equivalent to poker chips at the casino, SEC chief says Carla Mozée 2024-09-21T21:04:50Z truck aircon repairs
Mnuchin says crypto stablecoins shouldn casino
Web7 okt. 2024 · He also commented on the risks from stablecoins, saying they should be regulated, with the underlying funds put into banks with immediate liquidity. “They shouldn’t be like casino chips ... WebUSD (UST) wipe out “good for the industry.”Want to stay ahead of the market and understand the latest crypto news? Sign up now for the free CryptoCodex—A daily newsletter for crypto investors and the crypto-curiousMORE FROM FORBESWall Street Giant Issues Stark NFT Prediction After Huge $1 Trillion Bitcoin, Ethereum And Crypto … Web7 okt. 2024 · Steve Mnuchin on Tether: Stablecoins Must Be Backed by USD Held in Bank, Not Like Casino Chips. CoinRegWatch 1 year ago 0 1 mins. Former US Treasury … truck airbedz shark tank