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Gensler’s Latest Take on Crypto and Securities Rules

The Breakdown

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The SEC and CFTC Turf War on Stablecoins

Gary Gensler has inserted himself as one of the loudest and most important actors in the US government on upcoming crypto regulation. Documents are flags that stablecoins may in some cases be securities as well, he says. He argues all of this compliance will expand rather than contract the market. But to be fair, there's a lot in here that's completely reasonable," writes Van Eck.

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