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Is There a Cascading Risk to the Crypto Eco System?
Arsur epopa: I don't think ther're a lot of, i ca, traditional investors that would be sucked into this. He says there is no regulatory consensus to treat stable coins as funds. A stable coin paper issued by the us Government's working group on financial markets reflected the confusion and made some odd recommendations. "There's not a good regulatory regime around these things," he said.