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

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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 preserve bringing these enforcement circumstances however there’s gonna be an issue…and admittedly, when that occurs, I feel lots of people are going to get damage.”