Crypto stablecoins be casino chips
WebStablecoins are free from the volatility of non-pegged cryptocurrencies, while inheriting some of their most powerful properties: Stablecoins are open, global, and accessible to anyone on the internet, 24/7 They’re fast, cheap and secure to transmit They’re digitally native to the Internet and programmable What can you do with stablecoins? WebSep 21, 2024 · SEC Chair Gensler: Stablecoins Are Poker Chips at the Casino Gaming Tables Author: Andrew Throuvalas Last Updated Sep 21, 2024 @ 20:08 In a recent interview, SEC chair Gary Gensler spoke about the cryptocurrency landscape, blockchain technology, and his approach to regulating the space.
Crypto stablecoins be casino chips
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WebOct 7, 2024 · Stablecoins are a type of cryptocurrency that, by holding reserves, seek to maintain a fixed exchange-rate with a fiat currency. Bloomberg News reported Thursday … WebAug 5, 2024 · In describing stablecoins as casino poker chips, he considers them to be gambling instruments. In the interview, Gensler claimed that most crypto projects deal …
Web6 rows · Oct 8, 2024 · “[Stablecoins] shouldn’t be like casino chips,” said Mnuchin. “In my opinion, if you’re gonna ...
WebOct 4, 2024 · Stablecoins aim to provide an alternative to the high volatility of the most popular cryptocurrencies, including Bitcoin (BTC), which has made crypto investments … WebTop Stablecoin Tokens by Market Capitalization This page lists the most valuable stablecoins. They are listed by market capitalization with the largest first and then descending in order. Market Cap $132,442,149,109 0.16% Trading Volume $38,383,912,488 3.05% Watchlist Portfolio Cryptocurrencies Categories DeFi NFT Metaverse Polkadot BNB …
WebApr 5, 2024 · Stablecoins are often issued and controlled by a centralized entity, such as a bank or a corporation. This means that the value of a stablecoin is ultimately determined …
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