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Has the SEC Won the Battle to Regulate Stablecoins?

The Breakdown

00:00

Regulatory Interest in Cryptocurrency

There already exists in the world, to day, an immense uro dollar market. These offshore dollar like instruments are basically used in substitution for dollars but come from institutions that aren't regulated by us. This is already concerning enough for regulators as they watch these stable coins go from a few billions of dollars to hundreds of billions of dollars. But what if someone like facebook actually created an alt dollar? Remember, regulators interest in this space really goes back to the announcement of libra.

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